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12 July 2004

Quarter 1 Trading Statement 2004/05

UK Trading

UK Sales (inc. VAT) for the 14 weeks ended 10th July were:

14 weeks to 10th July % on last year
  Actual Like-for-like
Clothing -0.5  
Home -12.8  
General -1.8 -3.7
Food +3.9 -1.5
Total +0.7 -2.8

Approximately 10% more clothing was put into the summer sale which started, as planned, five days earlier than last year. When adjusting for the early timing of this event, underlying clothing performance was -1.2%, showing a slight improvement to the previous quarter (-2.5%).

Food like-for-like performance was in line with the previous quarter
(Q4 -1.4%), in a period when we were against particularly strong comparatives last year (Q1 LY +8.1%).

Plans to improve the operational performance of the business have been covered in a separate Press Release issued this morning.

-Ends-

For further information, please contact:
Corporate Press Office 020 7268 8642
Tony Quinlan +44 (0)20 7268 4195
Damian Evans +44 (0)20 7268 1563

The directors of Marks and Spencer Group plc accept responsibility for the information contained in this announcement and confirm that, to the best of their knowledge and belief, (having taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.

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