10th Aug 2006 11:12
Sainsbury(J) PLC10 August 2006 10 August 2006 NOTICE To the Stockholders of the outstanding £2,865,004 8 per cent. Irredeemable Unsecured Loan Stock issued by J Sainsbury plc Terms and expressions defined in the Consent Solicitation Memorandum dated 17July 2006 of J Sainsbury plc have the same meaning in this announcement. Notice of Early Redemption J Sainsbury plc hereby notifies the Stockholders that: (a) the Extraordinary Resolution proposed at the Meeting held on 9 August2006 at the offices of Linklaters at One Silk Street, London EC2Y 8HQ was dulypassed; and (b) the Supplemental Trust Deed was entered into by the parties thereto on 9August 2006 and, pursuant to the terms of the Supplemental Trust Deed, JSainsbury plc hereby gives notice to the Stockholders that all of the Stockshall be redeemed on 17 August 2006 for an amount per £1 of nominal amount ofStock equal to the Purchase Price (as set out below), together with accrued butunpaid interest up to and including 17 August 2006. • Gross redemption yield on the Reference Gilt at or about 2.00 p.m. on the Price Determination Date (being 9 August 2006) = 4.035 per cent. • Purchase Price = £1.49 per £1 nominal amount. Enquiries: Investor Relations MediaLynda Ashton Pip Wood+44 (0) 20 7695 7162 +44 (0) 20 7695 6127 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sainsbury's