Transaction in Own Shares

Next plc

Ordinary Shares of 10 pence each (the Shares)

For immediate release

11 July 2016

Transaction in Own Shares

Next plc announces that it has today purchased on market 38,933 Shares, all for cancellation, at a price of 5003.4948 pence per Share.

Following the purchase, the Company's registered share capital consists of 147,330,049. This figure may be used by shareholders to determine if they are required to notify their interest, or a change to their interest, in Next plc under the FCA's Disclosure and Transparency Rules.

All of the Shares have equal voting rights and there are no shares held in Treasury.

S L Anderson

Company Secretary

Next plc