Sainsbury(J) PLC
19 March 2003
Not for release, publication or distribution in or into Australia, Canada, Japan
or the United States
J Sainsbury plc response to Secretary of State announcement regarding its
possible offer for Safeway plc
Sainsbury's notes that the Secretary of State today announced that she has
decided to refer Sainsbury's possible offer for Safeway to the Competition
Commission and awaits the outcome.
Sir Peter Davis, Sainsbury's group chief executive, said,
'Naturally I am disappointed that the regulatory process is to be extended.
However, we will cooperate fully with the Competition Commission and look
forward to a satisfactory conclusion. We believe a combination with Safeway
would offer more customers greater choice and a superior food proposition.'
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