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               22 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       51,149,330     2.95%      4,355,970      0.25%
securities
(2) Derivatives     1,953,895     0.11%        558,524      0.03%
(other than
options)
(3) Options and     1,002,150     0.06%              0      0.00%
agreements to
purchase/sell
Total              54,105,375     3.12%      4,914,494      0.28%


(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           20,836           5.5011
Purchase          115,179           5.4860
Purchase            3,000           5.5511
Purchase          324,692           5.4942
Purchase          197,641           5.5420
Purchase           20,760           5.5000
Purchase          115,179           5.5010
Purchase            9,000           5.5044
Purchase            1,024           5.5000
Sale              115,179           5.4860
Sale                3,000           5.5339
Sale               25,359           5.4575
Sale               30,000           5.4989
Sale                5,093           5.4854
Sale                  882           5.4850
Sale               13,688           5.4919
Sale                  875           5.4663
Sale               10,594           5.4575
Sale              115,179           5.4860
Sale                7,968           5.4989

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD             Short          324692       5.4941
CFD             Short          115179       5.5009
CFD             Short           20836       5.5011
CFD             Short            9000       5.5044
CFD             Short          197641       5.542
CFD             Short            3000       5.5511
CFD             Long             5093       5.4854
CFD             Long           115179       5.4859
CFD             Long            13688       5.4919
CFD             Long            37968       5.4989
CFD             Long             3000       5.5338


(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                         23 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