Issue of Debt

Wm Morrison Supermarkets Plc

1 December 2011

Wm Morrison Supermarkets Plc announces launch of twelve year Bond

Wm Morrison Supermarkets Plc (the "Company" or the "Group") has today successfully launched a £400 million twelve year Sterling bond issue (the "Bond"). The Group expects the Bond to be issued on 8 December with a coupon of 4.625 per cent payable semi-annually and a bullet repayment on 8 December 2023. The joint bookrunners for the issue are Barclays Capital, RBS and HSBC.

The proceeds from the issue of the Bond will be used for the Group's general corporate purposes. The Bond will extend the average maturity of the Group's remaining debt, reduce the Group's reliance on bank financing and diversify and strengthen the Group's overall funding structure.

This notice does not constitute an offer of securities for sale in the United States or any other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration. The securities described in this notice are not being offered or sold in the United States.

Enquiries:

Richard Taylor

Corporate Affairs & Communications Director

0845 611 6912

ENDS