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               15 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       50,386,021     2.91%     4,994,205      0.29%
securities
(2) Derivatives     2,668,553     0.15%       759,893      0.04%
(other than
options)
(3) Options and     1,002,150     0.06%       250,000      0.01%
agreements to
purchase/sell
Total              54,056,724     3.12%     6,004,098      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      5,200                5.4060
Purchase      230,538              5.4390
Purchase      135,568              5.4435
Purchase      6,882                5.4192
Purchase      33,503               5.4286
Purchase      2,061                5.4275
Purchase      9,472                5.4275
Purchase      135,568              5.4435
Purchase      4,967                5.4275
Purchase      679                  5.4050
Purchase      50,166               5.3818
Purchase      25,985               5.4275
Sale          200,000              5.4244
Sale          135,568              5.4435
Sale          218,896              5.4581
Sale          9,674                5.4535
Sale          4,967                5.4275
Sale          100,000              5.4275
Sale          750                  5.4737
Sale          150                  5.4275
Sale          40,396               5.4471
Sale          1,887                5.4535
Sale          10,570               5.4193

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         50166         5.3817
CFD            Short         5200          5.406
CFD            Short         78396         5.4176
CFD            Short         6882          5.4191
CFD            Short         33503         5.4285
CFD            Short         135568        5.4434
CFD            Short         152142        5.4499
CFD            Long          10570         5.4192
CFD            Long          40396         5.447
CFD            Long          218896        5.4581


(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 (GBP)
                varying etc.      relates (GBP)


(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                         16 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