Cancellation of Treasury Shares

29 September 2015

Big Yellow Group plc

Announcement of cancellation of treasury shares

Big Yellow Group plc (the "Company") today announces the cancellation of its treasury shares in accordance with the provisions of section 729 of the Companies Act 2006.

The Company discloses the following details in relation to such cancellation pursuant to Listing Rule 12.6.4:

Type of shares cancelled: Ordinary shares of 10 pence each

Number of shares cancelled: 1,418,750

Date of cancellation: 29 September 2015

Total number of shares that theCompany has in issue after thecancellation: 157,287,061

Total number of treasury sharesheld by the Company after

the cancellation: 0 shares

The Company discloses the following details in relation to such cancellation pursuant to Disclosure Rule 5.5.1:

Percentage of voting rightsattributable to those shares it holdsas a result of the cancellation: 0%

The Company discloses the following details in relation to such cancellation pursuant to Disclosure Rule 5.6.1A:

Total capital of the Company in issue: 157,287,061 ordinary shares of 10 pence each

Total number of voting rights

Attributable to the total capital

of the Company in issue: 157,287,061

Total number of voting rights attachingto treasury shares: 0

The figure of 157,287,061 may be used by shareholders as the denominator for the calculations by which they will be determined if they are required to notify their interest in, or a change to their interest in, Big Yellow Group plc under the FCA's Disclosure and Transparency Rules.

Enquiries:

John Trotman Chief Financial Officer 01276 477811

Shauna Beavis Company Secretary 01276 477811