Rule 8 - Safeway Plc

RNS Number:5649S
J.P. Morgan Securities Ltd
27 November 2003



                                                                    FORM 8.1/8.3


        Lodge with Company Announcements Office (which will publicise and copy
        to the Panel).

        Use separate form for each class of securities in which dealings have
        been made.


     Date of disclosure 26th November 2003


DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3

OF THE CITY CODE ON TAKE-OVERS AND MERGERS


Date of dealing     25th November 2003

Dealing in      Safeway Plc     (name of company)


(1) Class of securities (eg ordinary shares) .     Ordinary Shares


(2)


Amount Bought                     Amount Sold            Price Per Unit #

  1,380                                                       2.80

  1,724                                                      2.805

  1,112                                                     2.8075

  1,419                                                       2.81

  1,535                                                     2.8125

  5,626                                                     2.8175

                                      20,487                 2.815


(3) Resultant total of the same class owned or controlled
    (and percentage of class)      12,350,715     (     1.17     %)


(4) Party making disclosure      J.P. Morgan Securities Ltd


(5) EITHER     (a) Name of purchaser/vendor (Note 1)

OR             (b) If dealing for discretionary client(s), name of fund management
                   organisation
  
                   J.P. Morgan Securities Ltd


(6) Reason for disclosure (Note 2)

     (a) associate of      (i) offeror (Note 3)           NO

                          (ii) offeree company            NO


     Specify which category or categories of associate (1-8)


     If category (8), explain




     (b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more
of

     the class of relevant securities dealt in)      YES


Signed, for and on behalf of the party named in (4) above


(Also print name of signatory)      Sara Moth


Telephone and extension number      020 7325 5808


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