Board Reorg Correction

John Lewis Of Hungerford PLC
31 January 2007


John Lewis of Hungerford plc

31 January 2007

Appointment of Director, Board reorganisation and grant of options - Amendment

The following replaces the Appointment of Director, Board reorganisation and 
grant of options announcement (RNS number: 6524N) released 15.42, 11 December 
2006.

The previous announcement erroneously referred to the exercise price of Options
granted to Directors as 123 pence per share rather than 1.23 pence per share.

John Lewis of Hungerford plc ("John Lewis" or the "Company")

11 December 2006

Appointment of Director, Board reorganisation and grant of options

On 27 September 2006 the Company announced that Jonathan Rosby had been 
appointed as a Director of the Company and would assume the role of Managing 
Director following a period of familiarisation. The Board is pleased to 
announce that it has now been agreed that with effect from 2 January 2007 
Jonathan Rosby will take up the role of Managing Director 
of the Company.

Mr Rosby will replace Malcolm Hepworth who assumed the executive 
responsibilities of Managing Director under a consultancy agreement on 23 
January 2006. Mr Hepworth will from 2 January 2007 assume the position of Deputy 
Chairman. His present contract, which expires in July 2007, will be 
appropriately amended to reflect this change.

As part of this reorganisation effective 2 January 2007, John Lewis, the 
Chairman of the Company, will relinquish all day-to-day executive
responsibilities but remain as Chairman on a part time basis.

Completing the management reorganisation, the board is pleased to announce the 
appointment of Charlotte Hill-Baldwin to the Board as Sales Director effective 
from 11 December 2006

Ms Hill Baldwin has worked for the Company for over six years in a sales 
capacity, latterly as showroom manager and designer at the Company's Hungerford 
showroom.

Malcolm Hepworth, Managing Director, commented :

"We are delighted that Charlotte has agreed to take the position of Sales 
Director. This further strengthens the Company's management team and completes 
the Company's new board structure. Charlotte's appointment coupled with the 
announcement that Jon Rosby will assume full day to day Executive authority 
from 2 January 2007, ensures the Company enters 2007 with a younger, stronger 
management team in place that has the skills appropriate to tackling the current 
and future challenges facing the business.".

As part of the management reorganisation the Company has agreed to grant share 
options in John Lewis (the "Options") to Mr Rosby and to Richard Worthington, 
the Company's Finance and Commercial Director and Keith Bentley, the 
Non-executive Director of John Lewis.

Details and terms of the Options are as follows:-

Name                     Number of 0rdinary
                         shares of 0.1p each

Jonathan Rosby                    5,000,000
Richard Worthington               2,500,000
Keith Bentley                     2,500,000

The Options were in each case granted pursuant to the terms of option agreements 
between the Company and the individuals in question dated 11 December 2006 and 
are ordinarily exercisable in the period commencing on the third anniversary of 
grant and ending on the day preceding the tenth anniversary of the date of 
grant. The Options are in each case exercisable at a price of 1.23 pence per 
share, being the closing mid-market price of the Ordinary shares of 
the Company on the business day last preceding the date of grant.

In the case of Mr Rosby, his option has been designed to qualify as an EMI 
option granted under the provisions of Part 7, Chapter 9 and Schedule 5 of the 
Income Tax (Earnings and Pensions) Act 2003. The options granted to Mr 
Worthington and Mr Bentley do not qualify as EMI options.

Charlotte Hill-Baldwin's details are set out below:

Full name:      Charlotte Maris Hill-Baldwin
Previous Name:  Charlotte Maris Cole
Age:            37

Directorships/Partnerships held in the last five years: None

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