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Next PLC (NXT)

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Wednesday 25 May, 2005

Next PLC

Transaction in Own Shares

Next PLC
25 May 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 30 March 2005, it has today
purchased 50,000 ordinary shares for cancellation at a price of 1567.2 pence per

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 in the period to 26 October 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

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