Statement from J Sainsbury plc

27 January 2016

Statement from J Sainsbury plc

Sainsbury's notes the articles recently published in the Times and the Guardian.

We understand that the QIA is not the source of these articles and has not yet taken a final position on the proposed Home Retail Group transaction. Like any other shareholder the QIA would consider any such proposal in detail before making a final decision on its position.

This statement is made in accordance with the Note on Rule 19.3 of the Takeover Code.

Media contacts:

Sainsbury's

Louise Evans, Director of Corporate Affairs on +44 (0) 7341 070 270

Anna Harland, Head of Corporate Communications on +44 (0) 7471 149 572

Brunswick

Laura Buchanan on +44 (0) 20 7404 5959