Morrisons’ interim results for the 26 weeks ended 3 August 2008 are as follows:

Financial summary

� Total turnover up 13.5% to £7.1bn (2007/08: £6.3bn)

� Profit before tax £309m up 12.8% (2007/08: £274m)

� Underlying profit before tax up 18.5% to £295m (2007/08: £249m)

� Cash flow from operations £521m (2007/08: £406m)

� Interim dividend of 0.8 pence per share, an increase of 18.5% (2007: 0.675 pence)

Operating review

� Good progress on Optimisation Plan: all initiatives on track

� Like for like sales (ex fuel) up 7.6%

� Like for like fuel sales up 31.6%

� Customer numbers up by 4.7% in like for like stores- another half a million more customers per week

Outlook

� 8 new stores in H2 and a further 50,000 square feet of extension space

� 2010 Plan target to grow annual like-for-like sales ahead of market overall: momentum of the first half year has set us up well to achieve this for the full year

Commenting on the results Sir Ian Gibson, non executive Chairman said: “This is a solid set of interim results in the toughest trading environment seen for many years. The management team is very focused on delivering great day to day value to our customers as well as the longer term vision of being the Food Specialist for Everyone.”

Chief Executive Marc Bolland said: “To have grown like for like sales by 7.6% in this economic climate is a clear testament to the strength of Morrisons’ recovery. More shoppers are choosing Morrisons because of our price-crunching deals and our unrivalled fresh offer in store.”