Holding(s) in Company

RNS Number : 3336Y

Sainsbury(J) PLC

04 July 2008

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached

J Sainsbury plc

2. Reason for the notification (yes/no)

An acquisition or disposal of voting rights: ( YES)

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (NO )

An event changing the breakdown of voting rights: ( NO )

Other (please specify) :

3. Full name of person(s) subject to the notification obligation (iii):

Qatar Investment Authority

4. Full name of shareholder(s) (if different from 3.)

Qatar Holding LLC

5. Date of the transaction (and date on which the threshold is crossed or reached if different)

2 JULY 2008

6. Date on which issuer notified:

3 JULY 2008

7. Threshold(s) that is/are crossed or reached:

26%

8. Notified details

A: Voting rights attached to shares

Qatar Holding LLC has acquired legal and beneficial ownership of an additional 12,358,000 ordinary shares in J Sainsbury plc (4,344,000 shares acquired 25 June, 3,014,000 acquired 27 June and 5,000,000 shares acquired 2 July).

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction
	Number of shares	Number of voting Rights
Ordinary shares of 28 and 4/7 pence each	442,164,241	442,164,241

Resulting situation after the triggering transaction

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct (x)	Indirect (xi)	Direct	Indirect
Ordinary shares of 28 and 4/7 pence each	454,522,241	454,522,241	N/a	26.003%	N/a

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument	Expiration Date	Exercise/Conversion Period/ Date	No. of voting rights that may be acquired (if the instrument is exercised/ converted)	Percentage of voting rights
N/a	N/a	N/a	N/a	N/a