Marks and Spencer Group p.l.c. announces that Paul Myners has agreed to remain as Chairman and may stay in this role until the AGM in July 2005. The process for appointing a permanent Chairman continues in the meantime.

"Marks & Spencer is fortunate that Paul has agreed to remain as Chairman," said Kevin Lomax, Senior Independent Director. "The Board believes Paul has done an extremely good job during a difficult period and that the Company now needs a period of stability, in order to focus on the day to day running of the business. We are grateful that Paul has freed up more time in order to be able to continue for longer than he had originally planned."

Paul Myners will be stepping down from the Board of mmO2 and as a Trustee of the Charities Aid Foundation, in order to give sufficient time to the role of Chairman.

-Ends-

For further information, please contact:
Flic Howard-Allen 020 7268 2818
Lisa Attenborough 020 7268 6166

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