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Company meetings

Annual General Meeting 2010

The AGM was held on Tuesday 18 May 2010. The Notice of Meeting is contained in the Annual Report and Accounts January 2010.

Annual General Meeting 2010 results

The Board of Next plc is pleased to announce that, at the AGM of Next shareholders held on 18 May 2010, all resolutions as set out in the Notice of Meeting contained in the Annual Report and Accounts for the year ended 30 January 2010 were passed. All resolutions were put to the meeting and approved on a poll and results are detailed below.

The total number of shares in issue at the date of the AGM is 185,184,338.

        For       Against       Total votes cast   Votes
withheld1
Resolution   Special /
Ordinary		   No. of
votes		   %   No. of
votes		   %   No. of votes   No. of
votes
1. To receive and adopt the accounts and reports of the directors and auditors   Ordinary    122,604,360   99.95   66,739    0.05   122,671,099   164,856
2. To approve the remuneration report   Ordinary    113,746,472   96.00   4,736,671   4.00   118,483,143   4,352,812
3. To declare a final dividend of 47p per share   Ordinary   122,708,172   100.00   2,218   0.00   122,710,390   125,565
4. To re-elect Steve Barber as a director   Ordinary   118,716,053   96.75   3,990,007   3.25   122,706,060   129,895
5. To re-elect David Keens as a director   Ordinary   118,655,569   96.70   4,050,532   3.30   122,706,101   129,854
6. To re-appoint Ernst & Young LLP as auditors and authorise the directors to set their remuneration   Ordinary   122,443,746   99.78   264,836   0.22   122,708,582   127,373
7. To approve the Next 2010 Share Matching Plan   Ordinary   114,313,771   93.51   7,930,037   6.49   122,243,808   592,147
8. Authority to allot shares   Ordinary   112,471,754   94.29   6,816,392   5.71   119,288,146   3,547,809
9. Authority to disapply pre-emption rights   Special   122,643,745   99.97   39,219   0.03   122,682,964    152,991
10. Authority for on-market purchase of own shares   Special   118,642,496   98.89   1,335,028   1.11   119,977,524   2,858,431
112. Authority to enter into Programme Agreements with each of Goldman Sachs International, UBS AG, Deutsche Bank AG and Barclays Bank plc   Special    118,864,666   96.85    3,861,328   3.15   122,725,994    109,961
Less votes disregarded under the provisions of the Companies Act 2006       (9,500,000)2         (9,500,000)2  
Resolution 11 total        109,364,666    96.59    3,861,328    3.41    113,225,994    109,961
12. To approve and adopt new Articles of Association   Special   120,401,793    99.75   302,700   0.25   120,704,493   2,131,462
13. To authorise the calling of general meeting (other than annual general meetings) on 14 clear days' notice   Special   111,868,427   91.26   10,718,254   8.74   122,586,681   249,274

Note1: The 'Vote Withheld' option is provided to enable the shareholder to abstain on any resolution. It is not a vote in law and is not counted in the calculation of the proportion of votes for and against a resolution.

Note2: The total maximum number of Ordinary Shares which may be purchased by Next for cancellation pursuant to such contingent purchase contracts is 9.5 million. As explained in the Notice of Meeting, Next has disregarded 9.5 million votes from both the total number of votes cast in favour of the resolution and the total votes cast so that the voting of those shares did not affect the result of the poll.