Result of AGM

17th May 2006 15:54

Next PLC17 May 2006 Contacts: Andrew McKinlay, Company SecretarySeonna Anderson, Deputy Company SecretaryNEXT PLCTel: 08454 567777 Alistair Mackinnon-Musson Philip DennisHudson SandlerTel: 020 7796 4133Email: [email protected] NEXT PLC Results of 2006 Annual General Meeting ("AGM") The BOARD of NEXT plc is pleased to announce that, at the AGM of NEXT shareholders held on17 May 2006, all resolutions as set out in the Notice of Meeting contained in the Annual Reportand Accounts for the year ended 28 January 2006 were passed. Ordinary business resolutions werecarried on a show of hands and special business resolutions were decided by poll votes, theresults of which are as detailed below: +--------------+----------+-------------+-------+------------+-------+-------------+-----------+| | | For | Against |TOTAL VOTES |Votes || | | | |CAST |withheld |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|Resolution |Special / |No. of | % |No. of | % |No. of |No. of || |Ordinary |Votes | |Votes | |Votes |Votes |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|8. To approve | | | | | | | ||the Next 2006 | | | | | | | ||Performance | | | | | | | ||Share Plan |Ordinary |111,257,810 |82.18 |24,125,323 |17.82 |135,383,133 | 862,537 |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|9. To approve | | | | | | | ||the Next | | | | | | | ||Risk/Reward | | | | | | | ||Investment | | | | | | | ||Plan |Ordinary |124,611,940 |91.94 |10,918,176 | 8.06 |135,530,116 | 715,554 |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|10. Authority | | | | | | | ||to allot | | | | | | | ||shares |Ordinary |123,729,598 |90.83 |12,497,923 | 9.17 |136,227,521 | 18,149 |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|11. Authority | | | | | | | ||to disapply | | | | | | | ||pre-emption | | | | | | | ||rights |Special |133,101,291 |99.57 | 569,689 | 0.43 |133,670,980 |2,574,690 |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|12. Authority | | | | | | | ||for on-market | | | | | | | ||purchase of | | | | | | | ||own shares |Special |134,809,103 |99.05 | 1,299,419 | 0.95 |136,108,522 | 137,148 |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|13* Authority | | | | | | | ||to enter into | | | | | | | ||Programme | | | | | | | ||Agreements | | | | | | | ||with each of | | | | | | | ||Goldman Sachs | | | | | | | ||International,| | | | | | | ||UBS AG and | | | | | | | ||Deutsche Bank | | | | | | | ||AG |Special |127,985,921 |95.27 | 6,349,712 | 4.73 |134,335,633 |1,910,037 || | | | | | | | ||Less votes | | | | | | | ||disregarded | | | | | | | ||under the | | | | | | | ||provisions of | | | | | | | ||Section 164(5)| | | | | | | ||of the | | | | | | | ||Companies Act | | | | | | | ||1985 | |(6,000,000)* | | - | |(6,000,000)* | || | | | | | | | || | | | | | | | ||Resolution 13 | | | | | | | ||total | |121,985,921 | 95.05 | 6,349,712 | 4.95 |128,335,633 | 1,910,037|+--------------+----------+-------------+-------+------------+-------+-------------+-----------+|14. Amendment | | | | | | | ||of Article | | | | | | | ||88(1): powers | | | | | | | ||of directors |Special |130,547,740 |96.49 | 4,747,946 | 3.51 |135,295,686 | 949,984 |+--------------+----------+-------------+-------+------------+-------+-------------+-----------+ Note *: The total maximum number of Ordinary Shares which may be purchased by Next forcancellation pursuant to such contingent purchase contracts is 6 million. As explained in theNotice of Meeting, Next has disregarded 6 million votes from both the total number of votes castin favour of the resolution and the total votes cast so that the voting of those shares did notaffect the result of the poll. Two copies of the resolutions passed as special business at the AGM have been submitted to the UKListing Authority and will shortly be available for inspection at the UK Listing Authority'sDocument Viewing Facility, which is situated at Financial Services Authority, 25 The North Colonnade,Canary Wharf, London, E14 5HS. This information is provided by RNS The company news service from the London Stock Exchange

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