AMENDMENT (Section 2b)

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:

Morgan Stanley Capital Services LLC

(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:

J Sainsbury Plc

(d) Date dealing undertaken:

22 JULY 2016

(e)Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

Yes

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

N/A

N/A

N/A

N/A

N/A

(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

3,424

2.2510 GBP

28 4/7p ordinary

CFD

LONG

1,071

2.2512 GBP

28 4/7p ordinary

CFD

LONG

20,762

2.2569 GBP

28 4/7p ordinary

CFD

LONG

64,546

2.2605 GBP

28 4/7p ordinary

CFD

LONG

56,926

2.2705 GBP

28 4/7p ordinary

CFD

SHORT

30,500

2.2509 GBP

28 4/7p ordinary

CFD

SHORT

58

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

58

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

6,926

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

66

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

66

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

1,714

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

39

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

17,884

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

39

2.2532 GBP

28 4/7p ordinary

CFD

SHORT

130,410

2.2537 GBP

28 4/7p ordinary

CFD

SHORT

6,300

2.2546 GBP

28 4/7p ordinary

CFD

SHORT

38,705

2.2551 GBP

28 4/7p ordinary

CFD

SHORT

14,345

2.2551 GBP

28 4/7p ordinary

CFD

SHORT

4,449

2.2556 GBP

28 4/7p ordinary

CFD

SHORT

1,077

2.2584 GBP

28 4/7p ordinary

CFD

SHORT

11,050

2.2590 GBP

28 4/7p ordinary

CFD

SHORT

18,422

2.2601 GBP

28 4/7p ordinary

CFD

SHORT

43,461

2.2601 GBP

28 4/7p ordinary

CFD

SHORT

14,735

2.2601 GBP

28 4/7p ordinary

CFD

SHORT

18,856

2.2657 GBP

28 4/7p ordinary

CFD

SHORT

46

2.2660 GBP

28 4/7p ordinary

CFD

SHORT

979

2.2660 GBP

28 4/7p ordinary

CFD

SHORT

108

2.2660 GBP

28 4/7p ordinary

CFD

SHORT

18,778

2.2661 GBP

28 4/7p ordinary

CFD

SHORT

347,775

2.2673 GBP

28 4/7p ordinary

CFD

SHORT

2,032

2.2695 GBP

28 4/7p ordinary

CFD

SHORT

5,065

2.2696 GBP

28 4/7p ordinary

CFD

SHORT

64,509

2.2720 GBP

28 4/7p ordinary

CFD

SHORT

18,840

2.2721 GBP

28 4/7p ordinary

CFD

SHORT

50,833

2.2721 GBP

28 4/7p ordinary

CFD

SHORT

23,908

2.2721 GBP

28 4/7p ordinary

CFD

SHORT

16,559

2.2813 GBP

28 4/7p ordinary

CFD

SHORT

2,054

2.2813 GBP

28 4/7p ordinary

CFD

SHORT

2,795

2.2813 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

Typee.g. American, European etc.

Expiry date

Option money paid/ received per unit

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

(ii) Exercise

Class of relevant security

Product descriptione.g. call option

Number of securities

Exercise price per unit

N/A

N/A

N/A

N/A

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

Class of relevant security

Nature of dealinge.g. subscription, conversion

Details

Price per unit (if applicable)

N/A

N/A

N/A

N/A

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

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.

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:

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:

27 JULY 2016

Contact name:

Craig Horsley

Telephone number:

+44(141) 245 7736

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 published this content on 27 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 July 2016 15:26:03 UTC.

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