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Annual Report and Financial Statements 2003
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Independent Auditors' statement to the members of J Sainsbury plc
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  We have examined the Annual Review and Summary Financial Statement
of J Sainsbury plc.
   
  Respective responsibilities of Directors and Auditors
   
  The Directors are responsible for preparing the Annual Review and Summary Financial Statement in accordance with applicable law. Our responsibility is to report to you our opinion on the consistency of the summary financial statement within the Annual Review and Summary Financial Statement with the Annual Report and Financial Statements, the report of the Directors and the remuneration report, and its compliance with the relevant requirements of Section 251 of the United Kingdom Companies Act 1985 and the regulations made thereunder. We also read the other information contained in the Annual Review and Summary Financial Statement and consider the implications for our report if we become aware of any apparent misstatements or material inconsistencies with the Summary Financial Statement.
   
  This statement, including the opinion, has been prepared for and only for the Company’s members as a body in accordance with Section 251 of the United Kingdom Companies Act 1985 and for no other purpose. We do not, in giving this opinion, accept or assume responsibility for any other purpose or to any other person to whom this statement is shown or into whose hands it may come save where expressly agreed by our prior consent in writing.
   
  Basis of opinion
   
  We conducted our work in accordance with Bulletin 1999/6 ‘The Auditors’ statement on the summary financial statement issued by the Auditing Practices Board for use in the United Kingdom.
   
  Opinion
   
  In our opinion the Annual Review and Summary Financial Statement is consistent with the Annual Report and Financial Statements, the report of the Directors and the remuneration report of J Sainsbury plc for the year ended 29 March 2003 and complies with the applicable requirements of Section 251 of the Companies Act 1985, and the regulations made thereunder.
   
  PricewaterhouseCoopers LLP
Chartered Accountants and Registered Auditors
London
   
  20 May 2003
   
 
a)  The maintenance and integrity of the J Sainsbury plc website is the responsibility of the Directors; the work carried out by the Auditors does not involve consideration of these matters and, accordingly, the auditors accept no responsibility for any changes that may have occurred to the financial statements since they were initially presented on the website.
b) Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

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