Transaction in Own Shares

Next PLC
04 January 2008


Next plc

Off-market purchases by way of contingent purchase contract by the Company of
ordinary shares for cancellation

Next plc announces today that, pursuant to the authority granted at the Annual
General Meeting of the Company's shareholders on 16 May 2007, it has entered
into a contingent forward purchase contract with Goldman Sachs International on
4 January 2008 under which it may acquire up to a maximum of 1,500,000 ordinary
shares for cancellation at a price of 1335.45 pence per share in the period up
to 1 August 2008.

This announcement does not constitute, or form part of, an offer or any
solicitation of an offer for securities in any jurisdiction.

A J R McKinlay
Company Secretary
Next plc

Editorial note:

Under the contingent contract, the Company may purchase a fixed number of shares
each week in the period to 1 August 2008, at a fixed price that is at a discount
to the market price prevailing at the start of the contract period. The contract
is contingent in that it would terminate early, and no further shares would be
purchased, if the Company's share price increases to a pre-determined suspension
level during the contract period. This suspension level has been set at the
start of the contract and is between 104% and 110% of the Company's share price
at the start of the contract.




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