FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the Code)

1. KEY INFORMATION

(a) Name of exempt principal trader:

UBS Investment Bank, London

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

J Sainsbury Plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Connect advisor to J Sainsbury Plc offeror to Home Retail Group Plc

(d) Date dealing undertaken:

28 April 2016

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

If it is a cash offer or possible cash offer, state 'N/A'

YES

Home Retail Group Plc

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

28 4/7p ordinary

Buy

4441705

2.91885 GBP

2.87800 GBP

28 4/7p ordinary

Sell

3069532

2.91885 GBP

2.88736 GBP

(b) Cash-settled derivative transactions

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

28 4/7p ordinary

CFD

Long

4477

2.9175631 GBP

28 4/7p ordinary

CFD

Long

50685

2.90756378 GBP

28 4/7p ordinary

CFD

Long

26068

2.91756215 GBP

28 4/7p ordinary

CFD

Long

153759

2.89628079 GBP

28 4/7p ordinary

CFD

Long

6329

2.89976616 GBP

28 4/7p ordinary

CFD

Long

13000

2.901596 GBP

28 4/7p ordinary

CFD

Long

56992

2.90376152 GBP

28 4/7p ordinary

CFD

Long

39513

2.900106 GBP

28 4/7p ordinary

CFD

Long

8695

2.901953 GBP

28 4/7p ordinary

CFD

Long

3755

2.901736 GBP

28 4/7p ordinary

CFD

Long

1200

2.899583 GBP

28 4/7p ordinary

CFD

Long

600

2.905 GBP

28 4/7p ordinary

CFD

Long

4386

2.900236 GBP

28 4/7p ordinary

CFD

Long

83674

2.900401 GBP

28 4/7p ordinary

CFD

Long

31500

2.902308 GBP

28 4/7p ordinary

CFD

Long

8712

2.90756428 GBP

28 4/7p ordinary

CFD

Short

310

2.918 GBP

28 4/7p ordinary

CFD

Short

8695

2.91767709 GBP

28 4/7p ordinary

CFD

Short

13091

2.897141 GBP

28 4/7p ordinary

CFD

Short

1827000

2.916816 GBP

28 4/7p ordinary

CFD

Short

9207

2.895 GBP

28 4/7p ordinary

CFD

Short

700

2.904814 GBP

28 4/7p ordinary

CFD

Short

2430

2.901226 GBP

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

3. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none '

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state 'none'

None

Date of disclosure:

29 April 2016

Contact name:

Frankie Cole

Telephone number:

+44 (0)20 7568 1245

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel atmonitoring@disclosure.org.uk

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.

J. Sainsbury plc issued this content on 29 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 April 2016 09:48:19 UTC

Original Document: http://otp.investis.com/clients/uk/jsainsbury/rns/regulatory-story.aspx?cid=162&newsid=711932