Rule 8.3 - SAINSBURY(J)

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              SAINSBURY(J)
Class of relevant security    ORD GBP0.28571428
to which the dealings being
disclosed relate (Note 2)
Date of dealing               01 March 2007

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)
                            Long                    Short

                      Number       (%)        Number       (%)

(1) Relevant       50,669,718     2.94%      5,273,573     0.31%
securities
(2) Derivatives     2,741,400     0.16%        468,384     0.03%
(other than
options)
(3) Options and     1,002,150     0.06%        250,000     0.01%
agreements to
purchase/sell

Total              54,413,268     3.15%      5,991,957     0.35%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

(a)  Purchases and sales
Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      21,580               5.2650
Purchase      819                  5.1115
Purchase      5,000                5.2026
Purchase      57,690               5.2005
Purchase      1,167                5.1115
Purchase      8,117                5.2166
Purchase      24,808               5.2180
Sale          187,337              5.2266
Sale          84,812               5.2250
Sale          3,085                5.2280
Sale          9,914                5.2240
Sale          24,808               5.2147
Sale          21,580               5.2650
Sale          2,500                5.2369
Sale          1,743                5.2250
Sale          1,312                5.2419
Sale          14,483               5.1135
Sale          50,000               5.2400
Sale          41,697               5.2200
Sale          80,000               5.2350
Sale          48,094               5.2155


(b)  Derivatives transactions (other than options)
Product name,    Long/Short     Number of           Price Per Unit
(e.g. CFD)       (Note 6)       Securities (Note 7)
CFD              Short          57690               5.2004
CFD              Short          5000                5.2026
CFD              Short          8117                5.2165
CFD              Short          24808               5.2179
CFD              Long           24808               5.2146
CFD              Long           48094               5.2155
CFD              Long           41697               5.2199
CFD              Long           9914                5.2239
CFD              Long           187337              5.2265


(c) Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of         Exercise  Type, e.g.     Expiry       Option money
e.g. call       selling,          securities to     price     American,      date         paid/received
option          purchasing,       which the option            European etc.               per unit
                varying etc.      relates (GBP)                                           (GBP)
Put Option      Selling           250000            5         American       16/03/2007   0.07


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)



(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)



4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.


Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         02 March 2007
Contact name                               BARCLAYS COMPLIANCE
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk