Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Torotrak plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

An acquisition of voting rights on 23 July 2015 and a change in the total voting rights notified by Torotrak plc on 22 July 2015

ü

3. Full name of person(s) subject to thenotification obligation: iii

Allison Transmission Holdings, Inc.

4. Full name of shareholder(s)  (if different from 3.):iv

Allison Transmission, Inc.

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

23 July 2015

6. Date on which issuer notified:

27 July 2015

7. Threshold(s) that is/are crossed orreached: vi, vii

Below 12%, 11% and 10%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares ISIN: GB0002922382

35,562,788

35,562,788

52,999,099

52,999,099

N/A

9.72%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

52,999,099

9.72%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Allison Transmission, Inc. is a wholly-owned subsidiary of Allison Transmission Holdings, Inc.

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

This notification has been prepared using the total issued share capital of 545,357,557 ordinary shares as set out in a public announcement made by Torotrak plc on 22 July 2015

14. Contact name:

Eric C. Scroggins, Esq.Allison Transmission, Inc.1 Allison WayIndianapolisIndiana 46222USA

15. Contact telephone number:

Tel: +1-317-242-7017