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Company Profile

January 2011

This document is only available online


and is designed to act as an
information point for shareholders
and potential investors in
J Sainsbury plc.

The Company Profile document


will be updated regularly.
To get the latest version, please
check www.j-sainsbury.co.uk
Contents 2

3 Investor contacts
3 Dividend details
4 Key dates
5 Financial statisitcs - 5 year summary
6 Retail statistics - 5 year summary
7 Key Management
8-9 Shareholder Q&As

Company Profile – January 2011


Investor Contacts 3

Institutional Investors
Anna Tee
Head of Investor Relations
J Sainsbury plc
33 Holborn J Sainsbury plc will only reply to emailed queries of an investment or
London EC1N 2HT company-related nature. We do not have the resources to reply to
unsolicited email.
Switchboard 020 7695 6000

Tel 020 7695 0080 Under the Financial Services Act 1986, we are not authorised to provide
Fax 020 7695 7144 advice to investors on share dealing. For advice on dealing, please
Email Investor.relations2@sainsburys.co.uk contact your stockbroker or independent financial advisor.

Dividend details
Financial Year 03/04 04/05 05/06 06/07 07/08 08/09 09/10

Interim 4.33p 2.15p 2.15p 2.4p 3.0p 3.6p 4.0p

Final 11.36p 5.65p 5.85p 7.35p 9.0p 9.6p 9.6p

Total net 15.69p 7.8p 8.0p 9.75p 12.0p 13.2p 13.6p

Dividend Reinvestment Plan (DRIP)


The Company operates a DRIP which allows shareholders to reinvest their cash dividends in
more J Sainsbury plc shares bought in the market through a specially arranged share dealing
service. No new shares are allotted under this DRIP and some 32,500 shareholders currently
participate in it. Full details of the DRIP and its charges, together with mandate forms, are
available from our registrars.

Key dates for the forthcoming interim dividend are as follows:

Last date for return of revocation of plan mandates 14 December 2010

Plan shares purchased for participants 7 January 2011

Plan share certificates issued 19 January 2011

ADR Information

American Depositary Receipts For further information please contact: Toll-free telephone number for
J Sainsbury plc has a Level 1 American domestic callers:
Depositary Receipt (“ADR”) program. The Bank of New York +1 888 BNY ADRs (1 888 269 2377)
Investor Services
The ADRs trade under the symbol P.O. Box 11258 Telephone number for international
‘JSAIY’ in the U.S. over-the-counter Church Street Station callers: +1 610 382 7836
market. One J Sainsbury ADR New York, NY 10286-1258
represents four existing shares of the USA Email:
Company. The Bank of New York is the shareowners@bankofny.com
Depositary Bank. CUSIP: 466249208
Website:
www.adrbny.com

Company Profile – January 2011


Key dates 4

Announcements 2009/2010

2010 Annual General Meeting (FY 2009/10) 14 July 2010

2010/2011

Q1 Trading Statement 16 June 2010

Q3 Trading Statement 6 October 2010

Interim Results Announcement 10 November 2010

Q3 Trading Statement 12 January 2011

Q4 Trading Statement 23 March 2011

Preliminary Results Announcement 11 May 2011

Ordinary dividend 2009/2010

Final dividend 2009/10

Final dividend payment date 16 July 2010

Company Profile – January 2011


Retail statistics – 5 year summary 5

2010 2009 2008 2007 2006

Financial results (£m)

Revenue1 21,421 20,383 19,287 18,518 17,317

Revenue (inc VAT) - continuing operations 21,421 20,383 19,287 18,518 17,317

Underlying operating profit

Retailing 671 616 535 429 352

Sainsbury’s Bank - - - 2 (10)

671 616 535 431 342

Underlying net finance costs2,3 (79) (113) (99) (92) (98)

Share of post-tax profit/(loss) from joint ventures 18 16 (2) - -

Underlying profit before tax2,3,4 610 519 434 339 244

Increase on previous year (%) 17.5 19.6 28.0 38.9 2.5

Underlying operating profit margin excluding


Sainsbury’s Bank (%) 3.36 3.26 3.00 2.54 2.24

Earnings per share

Underlying basic (pence)2,4 23.9 21.2 17.4 13.0 9.5

Increase on previous year (%) 12.7 21.8 33.8 36.8 21.8

Proposed dividend per share (pence)5 14.20 13.20 12.00 9.75 8.00

1 Includes VAT at Sainsbury’s Supermarkets.


2 Previous periods are restated for the change in the definition of underlying profit before tax as described in note 3.
3 Net finance costs before financing fair value movements, IAS 19 pension financing (charge)/credit and one-off items that are material and infrequent in nature.
4 Profit before tax from continuing operations before any gain or loss on the sale of properties, investment property fair value movements, impairment of goodwill, financing fair value
movements, IAS 19 pension financing (charge)/credit one off items that are material and infrequent in nature.
5 Total proposed dividend in relation to the financial year.
6 Includes all convenience stores and convenience acquisitions.
7 The 2010 and 2009 figures have been adjusted for the effect of the VAT change from 17.5 per cent to 15 per cent on 1 December 2008 to 31 December 2009 to ensure the data is
presented on a like-for-like basis.

Company Profile – January 2011


Retail statistics – 5 year summary 6

2010 2009 2008 2007 2006

Retail statistics for UK food retailing

Number of outlets at financial year-end


excluding checkout space1

Sainsbury’s Supermarkets

over 55,000 sq ft sales area 45 34 24 20 15

40,001 - 55,000 sq ft sales area 125 130 130 124 116

25,001 - 40,000 sq ft sales area 156 153 161 167 177

15,000 - 25,000 sq ft sales area 115 108 100 98 92

under 15,000 sq ft sales area 431 367 408 379 352

872 792 823 788 752

Sales area including checkout space (000 sq ft)

Sainsbury’s Supermarkets6 17,750 16,703 16,191 15,715 15,166

Net Increase on previous year

Sainsbury’s Supermarkets6 (%) 6.3 3.2 3.0 3.6 1.8

New Sainsbury’s Supermaket openings6 89 29 35 40 34

Sainsbury’s Supermarket’s sales intensity 12.7 21.8 33.8 36.8 21.8


Excluding checkout space (including VAT)6,7

Per square foot (£ per week) 20.42 20.01 19.69 19.30 18.40

1 Includes VAT at Sainsbury’s Supermarkets.


2 Previous periods are restated for the change in the definition of underlying profit before tax as described in note 3.
3 Net finance costs before financing fair value movements, IAS 19 pension financing (charge)/credit and one-off items that are material and infrequent in nature.
4 Profit before tax from continuing operations before any gain or loss on the sale of properties, investment property fair value movements, impairment of goodwill, financing fair value
movements, IAS 19 pension financing (charge)/credit one off items that are material and infrequent in nature.
5 Total proposed dividend in relation to the financial year.
6 Includes all convenience stores and convenience acquisitions.
7 The 2010 and 2009 figures have been adjusted for the effect of the VAT change from 17.5 per cent to 15 per cent on 1 December 2008 to 31 December 2009 to ensure the data is
presented on a like-for-like basis.

Company Profile – January 2011


Key Management 7

David Tyler Justin King John Rogers


Chairman Chief Executive Chief Financial Officer
David joined the Board on 1 October Appointed Executive Officer on 29 John was appointed Chief Financial
2009 and became Chairman on 1 March 2004 and is also Chairman of Officer on 19 July 2010 and is also a
November 2009. He is Non-Executive the Operating Board. He has been a member of the Board of Sainsbury’s
Chairman of Logica plc and a Non- Non-Executive Director of Staples, Bank Plc. John joined Sainsbury’s in
Executive Director of Experian plc and Inc. since September 2007 and was March 2005 as Director of Corporate
Burberry Group plc, where he also appointed to the board of the London Finance and then became Director of
chairs the Remuneration Committee. Organising Committee of the Olympic Group Finance from March 2007 to
He was previously Group Finance Games and Paralympic Games in June 2008. In June 2008 John was
Director of GUS plc (1997-2006) and January 2009. He was formerly appointed to Sainsbury’s Operating
has held senior financial and general Director of Food at M&S and from 1994 Board as Property Director. Prior to
management roles with Christie’s to 2001 he held a number of senior Sainsbury’s, John was Group Finance
International plc (1989-96), County positions at ASDA/WalMart in Trading, Director for Hanover Acceptances, a
NatWest Limited (1986-89) and HR and Retail. Justin was previously diversified corporation with wholly
Unilever PLC (1974-86). He was also Managing Director of Häagen Dazs owned subsidiaries in the food
Chairman of 3i Quoted Private Equity UK and spent much of his early career manufacturing, real-estate and
plc (2007-09) and a Non-Executive with Mars Confectionery and Pepsi agribusiness sectors. Previous roles
Director of Reckitt Benckiser Group plc International. include Senior Manager at Monitor
over the same period. Company and Manager at Arthur
Andersen.

To view the full J Sainsbury plc Board, please go to the About Us section of our corporate website,
www.j-sainsbury.co.uk/management

Company Profile – January 2011


Shareholder Q&A’s 8

Institutional Investors Contact your local Inland Revenue Do you have a Dividend
If you are an institutional investor, office. For details of your local office Reinvestment Plan?
please email: call 01604 541100 or Computershare The Company has a Dividend
InvestorRelations2@sainsburys.co.uk. Services PLC. Reinvestment Plan which will allow
shareholders to reinvest their cash
dividend in shares bought on the
London Stock Exchange through
Registrars Dividends a specially arranged share dealing
Who are the Company’s Registrars Are there any options for choosing service. An explanation of how
and how do I contact them? how I get my dividend? the plan operates and the charges,
J Sainsbury’s Registrars are: You can be paid by cheque or direct together with a mandate for
transfer into your bank account. shareholders, is available from our
Computershare Investor Services PLC See below for the procedure to change Registrar at www.computershare.co.uk.
PO Box 82 your method of payment. Alternatively,
The Pavilions you can convert your dividend cash
Bridgwater Road into shares in the Company. See Share Dealing
Bristol BS99 7NH the section below on the Dividend Do you have a low-cost dealing
Tel 0870 702 0106 Reinvestment Plan. service?
The Share Centre Ltd, in conjunction
How do I check my shareholding How can I change the method with SBC Warburg Dillon Read, operates
details on-line? of payment of my dividend? a share-dealing service for J Sainsbury
You need to go to the J Sainsbury You must advise the Registrar in plc ordinary shares at an attractive
web page especially for shareholders. writing (with both signatories if joint commission rate.
Please go to: ownership), quoting your name(s),
www.j-sainsbury.co.uk/shareholders address and any relevant bank For further information contact The
account details. Share Centre:
How do I transfer shares into another
person’s name? Where is my dividend cheque? PO Box 2000
You need to obtain a stock transfer If you have not received your dividend Aylesbury
form from our Registrars, cheque, contact the Registrar Bucks.
Computershare Investor Services on 0870 702 0106. HP21 8ZB
PLC. This needs to be completed Tel (UK freephone) 0800 800 008
and returned together with your How do I contact the appropriate Overseas callers +44 1296 41 41 41
share certificate(s) to Computershare. person at the Registrar?
For all enquiries concerning shares Can I donate some or all of my
For further information and to obtain and/or dividends, please contact the J Sainsbury plc shares to charity?
a stock transfer form, please contact Registrar on the above number. If the A number of organisations carry
Computershare directly helpline cannot deal with your query out this service. Share Gift is one
on 0870 702 0106. they will put you through to the such organisation and can be
Note: Where the transfer is for a cash appropriate department. contacted on 020 7461 4501.
consideration you will need to seek
advice about the payment of
stamp duty.

Company Profile – January 2011


Shareholder Q&A’s continued 9

Announcements More Information ADR Information


When are your next set of results How do I get a copy of the Annual American Depositary Receipts
being announced? and Interim reports? J Sainsbury plc has a Level 1 American
J Sainsbury plc will be announcing You can either download a copy Depositary Receipt (“ADR”) program.
its Fourth Quarter Trading Statement of the report from the Investor
(FY2010/11) on 23 March 2011. Section of our corporate website The ADRs trade under the symbol
at www.j-sainsbury.co.uk/investors ‘JSAIY’ in the U.S. over-the-counter
When is the 2011 Annual General or phone 0800 015 4330 or write to: market. One J Sainsbury ADR
Meeting? represents four existing shares of the
The 2011 AGM will be held on 13 July Company Secretary’s Office Company. The Bank of New York is the
2011. J Sainsbury plc Depositary Bank.
33 Holborn
What is the difference between London CUSIP: 466249208
quarterly results and interim/ EC1N 2HT
preliminary results? For further information please contact:
The quarterly trading statements I have questions about tax
set out our trading performance on my shares and/or dividends - The Bank of New York
and include our like-for-like who should I direct them to? Investor Services
sales performance. Your financial advisor, stockbroker P.O. Box 11258
The interim and preliminary results or accountant. Church Street Station
cover sales and profit figures together New York, NY 10286-1258
with the declaration of the dividend. I bought shares in J Sainsbury plc USA
several years ago, but cannot
remember what price I paid. I now Toll-free telephone number for
need this information to complete domestic callers:
my tax return. Where can I get hold +1 888 BNY ADRs (1 888 269 2377)
of the original share price?
The London Stock Exchange can Telephone number for international
provide this information. For details, callers: +1 610 382 7836
please phone 020 7588 2355. There
will be a small charge. Email:
shareowners@bankofny.com

Website:
www.adrbny.com

Company Profile – January 2011

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