John Lewis Partnership plc annual report and accounts 2013

nominal amount of the 5% Cumulative Preference stock and up to £500,000 in nominal amount of the 7.5% Cumulative Preference stock representing the remaining stock in issue. No purchases were made during the year and shareholders will be invited to renew the authority at the Annual General Meeting, as detailed on page 96. The Partnership Board considers that these stocks are an inefficient form of fixed interest finance and that it would be advantageous to the Company to acquire them over time as suitable opportunities arise.

Annual General Meeting

The Annual General Meeting will be held at 12.30pm on 6 June 2013 at Partnership Services Division head office, Spedan House, Doncastle Road, Bracknell, Berkshire RG12 8YA.

Auditors and disclosure of information to auditors

The auditors, PricewaterhouseCoopers LLP, have indicated their willingness to continue in

office and a resolution that they be reappointed will be proposed at the Annual General Meeting, together with a resolution to authorise the directors to determine the auditors’ remuneration.

The directors of the Partnership Board have taken all the steps that they each ought to have taken as directors in order to make themselves aware of any information needed by the Partnership’s auditors in connection with preparing their report and to establish that the auditors are aware of that information. So far as the directors are aware there is no such information of which the Partnership’s auditors are unaware.

Approved by the directors and signed on behalf of the Partnership Board

Margaret Casely-Hayford

 Director of Legal Services and Company Secretary

22 April 2013

35