Debenhams PLC - Resolutions Passed at AGM

RNS Number:3416C
Debenhams PLC
10 December 1999


ANNUAL GENERAL MEETING - 10 DECEMBER 1999

At the Annual General Meeting of the Company duly convened and
held at the Park Lane Hotel, Piccadilly, London W1 on Friday,
10 December 1999, the following Resolutions were passed:

ORDINARY RESOLUTION

That the Directors be and are hereby authorised in accordance
with Article 9.2 of the Articles of Association to allot
relevant securities during the period ending on the conclusion
of the next Annual General Meeting or, if earlier, on 10 March
2001, such securities having an aggregate nominal value of not
more than #12,593,936.

SPECIAL RESOLUTION

That the Directors be and are hereby authorised in accordance
with Article 9.3 of the Articles of Association to allot
equity securities for cash during the period ending on the
conclusion of the next Annual General Meeting or, if earlier,
on 10 March 2001, such securities being limited in number, for
the purposes of paragraph 9.3 (ii) of Article 9.3 only, to an
aggregate nominal value of not more than #1,889,090.

SPECIAL RESOLUTION

That the Company be and is hereby authorised, generally and
without conditions, to make market purchases (as defined in
section 163(3) of the Companies Act 1985 (as amended)) of its
own shares, but:
   The Company may not buy more than 37,781,809 shares which
   does not exceed 10 per cent of the shares issued at the
   date of this Resolution;
   The minimum price which the Company may pay for each share
   is 10 pence;
   The maximum price (excluding expenses) which the Company
   may pay for each share is 5 per cent above the average of
   the middle market price of the shares, as derived from the
   London Stock Exchange Daily Official List, for the five
   business days immediately before the day on which the
   Company buys the shares;
   This authority will last from the date of this Annual
   General Meeting until the next Annual General Meeting (or
   until 10 June 2001 if the next Annual General Meeting has
   not been held by then); and
   The Company may agree, before the authority ends, to buy
   shares even though the purchase is, or may be, completed
   after the authority ends.

ORDINARY RESOLUTION

That the Rules of the Debenhams Long Term Incentive Plan ("the
Plan") referred to in the Appendix to the Notice and produced
in draft to the Meeting and for the purposes of identification
initialled by the Secretary and General Counsel, be approved,
and the Directors be and are hereby authorised to do all such
acts and things as they may consider necessary or expedient to
carry the Plan into effect.


For further information contact:

John Hodges - 0171 408 3181

Name of authorised company official responsible for making
this notification:

John Hodges - Deputy Company Secretary

Debenhams plc.  Registered in England.  Company No. 3430071
Registered Office: 1 Welbeck Street, London W1A 1DF


END
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