Relocation of Head Office

Marks & Spencer PLC
22 May 2001


MARKS & SPENCER TO RELOCATE HEAD OFFICE


Marks & Spencer today announced that it plans to relocate its London head
office from the current Baker Street site to a modern, mixed use development
currently being built at Paddington Basin. The move is planned for mid 2003.


The 240,000 sq ft development, designed by renowned architect Lord Rogers of
Riverside, is a three minute walk from Paddington Station. As well as the
Company's head office, the centre will also have a 13,000 sq. ft Marks &
Spencer store selling food and clothing.


Luc Vandevelde, Marks & Spencer's Chairman and Chief Executive, said,


'I am delighted to announce the relocation of our head office to Paddington
Basin. A flexible and inspiring workspace tailored specifically for our
requirements is exactly what we need to encourage the creativity and
innovation of our people. This move to a more efficient, modern environment
takes us into the next phase of building a better Marks & Spencer business. It
also gives us the opportunity to release the financial asset we have in
Michael House.'






For more information contact the Marks & Spencer Corporate Press Office on 020
7268 1919


Notes to Editors


  * Marks & Spencer moved into its current 480,000 sq. ft Baker Street head
    office in 1957

  * 3000 people work in head office

  * We have the current building on a 100 year lease from Portman Estates

  * The new development covers 240,000 sq. ft, including 13,000 sq. ft of
    retail space