Offer Talks Terminated

Sainsbury(J) PLC
05 November 2007

5 November 2007



                        Announcement by J Sainsbury plc

J Sainsbury plc ('Sainsbury's' or the 'Company') was informed late on 4 November
2007 by Delta (Two) Limited ('Delta Two') that it has decided not to proceed
with an offer for the share capital of Sainsbury's.

The Making Sainsbury's Great Again recovery plan is now well established and the
Company has delivered eleven consecutive quarters of like-for-like sales growth.
Sainsbury's also announced new three-year targets, from Recovery to Growth, in
May 2007.  As stated within its Quarter Two trading statement, released on 10
October 2007, the Company's first half sales performance is in line with
expectations for the current year.  The Interim Results will be reported on 14
November 2007, at which time the Company will present an update on its first
half performance and progress to date on its new targets.

Sir Philip Hampton, Chairman, said:  'Sainsbury's has attractive future
prospects and the recovery strategy commenced in 2004 is well advanced and
continuing to deliver growth in the business.  We have a first class management
team and colleagues to drive the business forward.'

Justin King, Chief Executive, said:  'Interest in Sainsbury's has been borne out
of the Company's success to date in implementing its recovery strategy.  We have
remained focused on delivering great service to customers over recent weeks and
months and have made significant progress towards Making Sainsbury's Great
Again.  All colleagues can now continue to deliver towards the targets we have
set.'

Looking forward, the Board of Sainsbury's believes that the Company continues to
have great potential under the leadership of its strong management team.
Sainsbury's remains committed to completing its recovery plan and delivering
improved performance.



Enquiries:

Investor Relations                         Media
Elliot Jordan                              Pip Wood
[phone]                       [phone]




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