Notice of Redemption

Sainsbury(J) PLC
22 March 2006

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES OR ITALY



22 March 2006

                                     NOTICE

                     To the Noteholders of the Outstanding

                   £314,500,000 5.25 per cent. Notes due 2007

                  €800,000,000 5.625 per cent. Notes due 2008

                   £300,000,000 6.50 per cent. Notes due 2012

                  £250,000,000 6.125 per cent. Notes due 2017

                   £350,000,000 6.00 per cent. Notes due 2032



    issued by J Sainsbury plc under its £2,500,000,000 Euro Medium Term Note
                                   Programme

  Confirmation of the proposed Settlement Date in respect of the repurchase of
                         each Series of Existing Notes.



Terms and expressions defined in the Tender Offer and Consent Solicitation
Memorandum dated 24 February 2006 of J Sainsbury plc have the same meaning in
this announcement.

                           Notice of Early Redemption

J Sainsbury plc hereby notifies the Existing Noteholders that each of the
Supplemental Trust Deeds was entered into by the parties thereto on 20 March
2006 and, pursuant to the terms of each Supplemental Trust Deed, J Sainsbury plc
hereby gives notice to the Existing Noteholders that all of the Existing Notes
of each of the Series of Existing Notes in respect of which an Acceptance Notice
has not been delivered pursuant to the relevant Offer (or has been delivered and
subsequently validly revoked) shall be redeemed on 24 March 2006 for an amount
per £1,000 or €1,000 of nominal amount of Existing Notes equal to the applicable
Repurchase Price (as set out in the notice dated 20 March 2006 and reproduced
below),  together with Accrued Interest (as set out in the notice dated 20 March
2006 and reproduced below), subject to and conditional on the conditions to such
redemption set out in the relevant Supplemental Trust Deeds.



1.                 £314,500,000 5.25 per cent. Notes due 2007

(a)                   Repurchase Yield =4.764%

(b)                   Benchmark Reference Security Yield = 4.364%

(c)                   Repurchase Price = £1,004.53 per £1,000 Nominal Amount

(d)                   Accrued Interest = £44.73(1) per £1,000 Nominal Amount



2.                 €800,000,000 5.625 per cent. Notes due 2008

(a)                   Repurchase Yield = 3.544%

(b)                   Benchmark Reference Security Yield = 3.244%

(c)                   Repurchase Price = €1,044.97 per €1,000 Nominal Amount

(d)                   Accrued Interest = €39.45(2) per €1,000 Nominal Amount



3.                 £300,000,000 6.50 per cent. Notes due 2012

(a)                   Repurchase Yield = 5.328%

(b)                   Benchmark Reference Security Yield = 4.378%

(c)                   Repurchase Price = £1,057.14 per £1,000 Nominal Amount

(d)                   Accrued Interest =£45.59(1)  per £1,000 Nominal Amount



4.                 £250,000,000 6.125 per cent. Notes due 2017

(a)                   Repurchase Yield =5.457%

(b)                   Benchmark Reference Security Yield = 4.357%

(c)                   Repurchase Price = £1,048.01 per £1,000 Nominal Amount

(d)                   Accrued Interest = £59.24(1)  per £1,000 Nominal Amount




5.                 £350,000,000 6.00 per cent. Notes due 2032

(a)                   Repurchase Yield = 5.526%

(b)                   Benchmark Reference Security Yield =4.126%

(c)                   Repurchase Price = £1,053.76 per £1,000 Nominal Amount

(d)                   Accrued Interest = £58.03(1) per £1,000 Nominal Amount




Important Notice

No offer or invitation to acquire or exchange any securities or proposals to
Existing Noteholders is being made pursuant to this notice.  Any such offer,
invitation or proposals are only being made in the Offer Memorandum and any such
acquisition or exchange or acceptance of such proposals should be made solely on
the basis of information contained in the Offer Memorandum.  A copy of the Offer
Memorandum is available at the offices of the Existing Paying Agents.





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(1) Shown rounded to nearest £0.01 per £1,000; for actual calculations, accrued
interest is rounded to nearest £0.01 based on full position


(2) Shown rounded to nearest €0.01 per €1,000; for actual calculations, accrued
interest is rounded to nearest €0.01 based on full position


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