Statement re J Sainsbury PLC

RNS Number:9446Y
Dragon Finance B.V.
24 February 2006



              #102,450,000 Class A Secured Floating Rate Notes due 2023 
                     (Common Code: 011656366; ISIN: XS0116563668)
                                (the "Class A Notes")

              #30,000,000 Class B Secured Floating Rate Notes due 2023 
                     (Common Code: 011656439; ISIN: XS0116564393)
                                 (the "Class B Notes")

              #100,000,000 Class C Secured Floating Rate Notes due 2023 
                     (Common Code: 011656455; ISIN: XS0116564559)
                                (the "Class C Notes")

                           issued by Dragon Finance B.V.
                                    (the "Issuer")


The Issuer notes the announcement today by J Sainsbury plc of its proposed new 
long-term financing arrangements through the issue of two Commercial Mortgage 
Backed Securitisations. The Issuer confirms that it is in discussions with 
regard to seeking changes to its existing transaction that would allow the 
ratings of the Class A Notes and the Class B Notes to be reassessed in order to 
be rated independently to the ratings of J Sainsbury plc. It is intended that 
the Class C Notes will continue to be unrated.

This Notice is given by Dragon Finance B.V.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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