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10 December 2003

Directors Dealings

Luc Vandevelde acquired 13,500 shares on 10th December 2003 at a price of 282 pence per share registered in his own name. His total shareholding following this transaction is 934,757 shares.

The funds for this purchase were provided by Marks & Spencer Group p.l.c. to satisfy his current remuneration terms as Chairman, being 13,500 shares per calendar month.

Magdalen Chadbourn 020 7268 8331

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