1st Jun 2005 11:00
Sainsbury(J) PLC01 June 2005 1 June 2005 Computershare Trustees (C.I.) Limited, the Company's Employee Share OwnershipTrust, released 112,810 ordinary shares in J Sainsbury plc on 1 June 2005 toJustin King, chief executive officer, to satisfy the first release of sharesunder his restricted share plan. 78,394 shares have been retained to pay theassociated tax. As disclosed in November 2003 these arrangements were made to compensate Justinfor losses arising from M&S share and bonus schemes in the form of an award ofrestricted shares. A second award of 70,746 shares will be released to him on 1June 2006 subject to the terms of the plan and deductions for associated tax. Enquiries: Investor Relations Media+44 (0) 20 7695 7162 +44 (0) 20 7695 6127Lynda Ashton Pip Wood This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sainsbury's