Wm Morrison Supermarkets Limited announces that it has resolved to exercise its call option (the "Issuer Call Option") in respect of all the outstanding Notes issued under the £3,000,000,000 Euro Medium Term Note Programme at an Optional Redemption Amount to be determined pursuant to Clause 6.3 of the terms and conditions of the Notes (the "Conditions"), as supplemented by the Final Terms dated 6 December 2011 (the "Redemption"). Pursuant to the exercise of the Issuer Call Option, the Issuer intends to redeem all the outstanding Notes on 6 May 2022, which shall be the Redemption Date for the purposes of the Redemption. The Issuer will notify the holders of the Notes of the Optional Redemption Amount as soon as possible and in any event by no later than 21 April 2022.

Pursuant to Condition 6.10 of the Notes, all Notes redeemed will be cancelled and, accordingly, the Issuer will request that the Financial Conduct Authority ("FCA") cancel the listing of all outstanding Notes on the Official List of the FCA on or about the Redemption Date (the "Cancellation") pursuant to LR 5.3.1 of the FCA Listing Rules.