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J. Sainsbury plc

Framed specimen Bond certificate for investment in J. Sainsbury plc. Includes a Certificate of Authentication and 9 Coupons (numbers 1-5 and 4 blank Coupons), the Company for value received hereby promising to pay to the bearer of this Bond on 9 May 1996...upon presentation and surrendering this Bond the principal sum of U.S.$5,000 (Five thousand United States dollars) together with interest on such principal sum from 9 May 1991 at the rate of 8.5 per cent. per annum payable annually in arrear. 'Specimen' has been stamped across the certificate and coupons.

J. Sainsbury plc

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