Director/PDMR Shareholding

1.

Details the person discharging managerial responsibilities / person closely associated

a)

Name

Claudia Arney

2.

Reason for the notification

a)

Position / status

Independent Non-Executive Director

b)

Initial notification / Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Derwent London plc

b)

LEI

 213800BXKQ9KZNUR1M61

4A.

Details of the transaction (s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

5p Ordinary shares in Derwent London plc

GB0002652740

b)

Nature of the transaction

Transfer of a legal interest in shares from Coutts Nominee account to UBS Nominees for no consideration. No change to the underlying beneficial interest in the shares held by the PDMR.

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single transaction

e)

Date of the transaction

22 March 2018

f)

Place of the transaction

Outside a trading venue