Transaction in Own Shares

Next PLC 07 February 2005 Next plc Off-market purchases by way of contingent purchase contract by the Company of ordinary shares for cancellation Next plc announces that, pursuant to the contingent forward purchase contract it entered into with Goldman Sachs International on 13 December 2004, it has today purchased 50,000 ordinary shares for cancellation at a price of 1573.6 pence per share. A J R McKinlay Company Secretary Next plc Editorial note: Under the contingent contract, the Company may purchase a fixed number of shares each week (other than in the weeks commencing 20, 27 December 2004 and 4 January 2005), in the period to 11 July 2005, at a fixed price that is at a discount to the market price prevailing at the start of the contract period. The contract is contingent in that it would terminate early, and no further shares would be purchased, if the Company's share price increases to a pre-determined suspension level during the contract period. This suspension level has been set at the start of the contract and is between 104% and 110% of the Company's share price at the start of the contract. This information is provided by RNS The company news service from the London Stock Exchange ISELE

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Next (NXT)
UK 100

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