Statement from J Sainsbury plc

7 January 2016

Statement from J Sainsbury plc

Sainsbury's notes the article in the Guardian today.

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