J Sainsbury's response to OFT

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.' This information is provided by RNS The company news service from the London Stock Exchange
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