The following amendment has been made to the 'Publication of a Prospectus' announcement released on 21 May 2025 at 17:00 under RNS No 6560J. Amendment is identified with an asterisk (*).

All other details remain unchanged.

The full amended text is shown below.

21 May 2025

NEXT Group plc / NEXT plc 

Publication of Base Prospectus and Establishment of £3,000,000,000 Euro Medium Term Note Programme

The following updated base prospectus has been approved by the Financial Conduct Authority and is available for viewing:

Base Prospectus dated 21 May 2025 (the "Base Prospectus") relating to the £3,000,000,000 Euro Medium Term Note Programme of NEXT Group plc (the "Issuer") and guaranteed by NEXT plc (the "Guarantor").

Please read the disclaimer below "Disclaimer - Intended Addressees" before attempting to access this service, as your right to do so is conditional upon complying with the requirements set out below.

*To view the full document, please paste the following URL into the address bar of your browser: http://www.rns-pdf.londonstockexchange.com/rns/6667J_1-2025-5-21.pdf or visit the issuer's website: https://www.nextplc.co.uk/investors/shareholder-information/debt-investor-information

A copy of the Base Prospectus will also be submitted to the National Storage Mechanism and will shortly be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

For further information please contact:

Gillian Ross

Group Treasurer

Tel: +44(0)116 284 2245

DISCLAIMER - INTENDED ADDRESSEES

This announcement is not for distribution in the United States.

Please note that the information contained in the Base Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Base Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Base Prospectus is not addressed. Prior to relying on the information contained in the Base Prospectus you must ascertain from the Base Prospectus whether or not you are part of the intended addressees of, and eligible to view, the information contained therein.

In particular, neither this announcement nor the Base Prospectus shall constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities law of any such jurisdiction.

The securities described in the Base Prospectus have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Subject to certain exceptions, the securities may not be offered, sold or delivered within the United States or to, or for the account or benefit of U.S. persons. The securities are being offered and sold outside of the United States in reliance on Regulation S of the Securities Act. There will be no public offering in the United States.