20th Mar 2006 10:24
Sainsbury(J) PLC20 March 2006 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THEUNITED STATES OR ITALY 20 March 2006 NOTICE To the Noteholders of the Outstanding £314,500,000 5.25 per cent. Notes due 2007 €800,000,000 5.625 per cent. Notes due 2008 £300,000,000 6.50 per cent. Notes due 2012 £250,000,000 6.125 per cent. Notes due 2017 £350,000,000 6.00 per cent. Notes due 2032 issued by J Sainsbury plc (the "Company") under its £2,500,000,000 Euro Medium Term Note Programme Announcement of Pricing Date This announcement is made in respect of the Offers set out in the Tender Offerand Consent Solicitation Memorandum dated 24 February 2006 (the "OfferMemorandum"). Terms and expressions defined in the Offer Memorandum have thesame meaning in this announcement. NOTICE IS HEREBY GIVEN to the Noteholders of £314,500,000 5.25 per cent. Notesdue 2007 that, at the Meeting of such Noteholders held at the offices ofClifford Chance LLP, 10 Upper Bank Street, London, E14 5JJ on 20 March 2006 at9.00 a.m. (London time), the Extraordinary Resolution set out in the Notice ofMeeting previously notified to Holders of such Series of Existing Notes inaccordance with the terms of the Trust Deed for such Notes was duly passed. NOTICE IS HEREBY GIVEN to the Noteholders of £350,000,000 6.00 per cent. Notesdue 2032 that, at the Meeting of such Noteholders held at the offices ofClifford Chance LLP, 10 Upper Bank Street, London, E14 5JJ on 20 March 2006 at9.05 a.m. (London time), the Extraordinary Resolution set out in the Notice ofMeeting previously notified to Holders of such Series of Existing Notes inaccordance with the terms of the Trust Deed for such Notes was duly passed. NOTICE IS HEREBY GIVEN to the Noteholders of £250,000,000 6.125 per cent. Notesdue 2017 that, at the Meeting of such Noteholders held at the offices ofClifford Chance LLP, 10 Upper Bank Street, London, E14 5JJ on 20 March 2006 at9.10 a.m. (London time), the Extraordinary Resolution set out in the Notice ofMeeting previously notified to Holders of such Series of Existing Notes inaccordance with the terms of the Trust Deed for such Notes was duly passed. NOTICE IS HEREBY GIVEN to the Noteholders of €800,000,000 5.625 per cent. Notesdue 2008 that, at the Meeting of such Noteholders held at the offices ofClifford Chance LLP, 10 Upper Bank Street, London, E14 5JJ on 20 March 2006 at9.15 a.m. (London time), the Extraordinary Resolution set out in the Notice ofMeeting previously notified to Holders of such Series of Existing Notes inaccordance with the terms of the Trust Deed for such Notes was duly passed. NOTICE IS HEREBY GIVEN to the Noteholders of £300,000,000 6.50 per cent. Notesdue 2012 that, at the Meeting of such Noteholders held at the offices ofClifford Chance LLP, 10 Upper Bank Street, London, E14 5JJ on 20 March 2006 at9.20 a.m. (London time), the Extraordinary Resolution set out in the Notice ofMeeting previously notified to Holders of such Series of Existing Notes inaccordance with the terms of the Trust Deed for such Notes was duly passed. The Company confirms that the pricing in respect of each of the Offers and theredemption will occur at or around 2:00 p.m. today, 20 March 2006. Whilst theCompany is not bound (i) to settle the relevant Offer until it has delivered aconfirmation notice and (ii) to settle the redemption in respect of any Seriesuntil it has delivered a notice of redemption, all in accordance with the OfferMemorandum, the Company expects to deliver the confirmation notice and thenotice of redemption on the Confirmation Date. Important Notice No offer or invitation to acquire or exchange any securities or proposals toExisting Noteholders is being made pursuant to this notice. Any such offer,invitation or proposals are only being made in the Offer Memorandum and any suchacquisition or exchange or acceptance of such proposals should be made solely onthe basis of information contained in the Offer Memorandum. A copy of the OfferMemorandum is available at the offices of the Existing Paying Agents. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Sainsbury's