Trading Statement

Next PLC 04 January 2007 Date: Embargoed until 07.00am, Thursday 4 January 2007 Contacts: Simon Wolfson, Chief Executive David Keens, Group Finance Director NEXT PLC Tel: 08454 567 777 Alistair Mackinnon-Musson Nicola Savage Hudson Sandler Tel: 020 7796 4133 Email: next@hspr.com Photographs available: http://www.next.co.uk/press/ NEXT PLC TRADING STATEMENT CURRENT TRADE The combined sales for NEXT Retail and NEXT Directory for the period from 31 July to 24 December 2006 were up 2.8% compared to the same period last year. NEXT Retail sales were up 0.8% in the period. Like for like sales in the 308 stores that were unaffected by new openings were down 6.9%. NEXT Directory sales were up 9.3% in the period. PROFIT AND EARNINGS PER SHARE FORECAST We currently expect annual profit before tax (PBT) to be slightly ahead of market consensus, within the range of £463m to £473m. Operating profits (EBIT) are expected to increase by between 5.1% and 7.2%. On this basis earnings per share, which have been enhanced through our share buyback policy, would increase by between 11.0% and 13.4%. In a challenging year we will have increased Group profits through good control of stocks, margins and costs, along with a strong sales performance in NEXT Directory. NOTICE OF FULL YEAR RESULTS We intend to issue our preliminary results for the 52 weeks to 27 January 2007 on Thursday 22 March 2007. - ENDS - This information is provided by RNS The company news service from the London Stock Exchange

Companies

Next (NXT)
UK 100