Release date: Thursday 14 March 2013
Wm Morrison Supermarkets Plc
The Board of Wm. Morrison Plc ("Morrisons") notes the announcement made by Ocado Group PLC ("Ocado") this morning confirming that it is in discussions with Morrisons which may lead to an agreement to licence certain of Ocado's intellectual property and operating knowledge for the purpose of Morrison commencing an on line grocery business in the UK.
In its preliminary results statement for the year to 3 February 2013, released this morning, the Board of Morrison has announced its decision to enter the online grocery market and confirms that the matters under discussion with Ocado may form part of the implementation of the strategy for entering that market. Morrisons decision to enter the online grocery market is not dependent on the outcome of these discussions. There is no certainty that an agreement will be reached.
A further announcement will be made in due course.
Wm Morrison Supermarkets plc
Niall Addison - Investor Relations Director 07764 624701
Wm Morrison Supermarkets plc Richard Taylor 0845 611 6912
Citigate Dewe Rogerson: Simon Rigby 020 7638 9571
Kevin Smith 020 7282 1054