Transaction in Own Shares

Next PLC
26 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 28
June 2005, the suspension level has been exceeded and the contract terminated.
Under this contract, the Company purchased a total of 150,000 shares for
cancellation at a price of 1442.78 pence per share.

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 24 January 2006 (excluding 27 December 2005 and 3 and
10 January 2006), 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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