Disclosure of Short Position

TR-5 :

Disclosure of Short Position relating to Securities which are the subject of a rights issue or a UK Financial Sector Company

1. Full name of person(s) holding the disclosable short position :

Tiresias Capital Limited

2: Name of the issuer of the relevant securities

Melrose Plc

3: Disclosable short position

0.28%

4. Date that disclosable short position was held

19 July 2012