Transaction in Own Shares

Next PLC
14 July 2005


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 provisions of the contingent
forward purchase contract it entered into with Deutsche Bank AG London on 9 June
2005, the suspension level has been exceeded and the contract terminated.  Under
this contract, the Company purchased a total of 200,000 ordinary shares for
cancellation at a price of 1424.82p per share.

Editorial note:

Under the contingent contract, the Company may purchase a fixed number of shares
each week, in the period to 15 December 2005, 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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