Signet Group plc is an English public limited company whose shares are listed on the London Stock Exchange (under the symbol “SIG”) and whose American Depositary Shares are traded on the Nasdaq National Market (under the symbol “SIGY”).

This document comprises the Annual Report & Accounts of the Group in accordance with United Kingdom requirements and the Annual Report on Form 20-F to be filed with the United States Securities and Exchange Commission.

In this Annual Report, “1997/98”, “1998/99”, “1999/00”, “2000/01”, “2001/02” and “2002/03”, refer to, as appropriate, the 52 weeks ended 31 January 1998, 30 January 1999, 29 January 2000, 27 January 2001, the 53 weeks ended 2 February 2002 and the 52 weeks ending 1 February 2003.

This Annual Report contains translations of certain pound sterling amounts into US dollars at a rate of $1.42 = £1.00, which was the noon buying rate in New York City for cable transfers in pounds sterling as certified for customs purposes by the Federal Reserve Bank of New York (the “Noon Buying Rate”) on 1 February 2002. These translations should not be construed as representations that the pound sterling amounts actually represent such US dollar amounts or
could be converted into US dollars at the rate indicated. On 10 April 2002 the Noon Buying Rate was $1.44 = £1.00.

Cautionary statement regarding forward-looking statements
The Company desires to take advantage of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 with respect to the forward-looking statements about its financial performance and objectives in this Annual Report & Accounts. Readers are referred to “Risk and other factors”.