Holding(s) in Company

For filings with the FCA include the annexFor filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are LMS Capital PLCattached:ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights x An acquisition or disposal of qualifying financial instruments which may resultin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): Withers Trust Corporation Limited and3. Full name of person(s) subject to the James McCarthy (in theirnotification obligation:iii capacity as the Trustees of the Lord Rayne Will Trust) 4. Full name of shareholder(s) (if different from 3.):iv IMWS (Nominees) Limited A/C FFP General 5. Date of the transaction and date onwhich the threshold is crossed or 1.12.14reached: v 6. Date on which issuer notified: 6.1.15 7. Threshold(s) that is/are crossed or Reduction from over 12%reached: vi, vii to below 12% but above 11%. 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggeringshares to the triggering transaction transaction if possible Number Number Number Number of voting % of voting rightsusing of of of rights xthe ISIN CODE Shares Voting shares Rights Direct Direct Indirect Direct Indirect xi xii Ord shares 17,880,545 17,880,545 16,761,612GB00B12MHD28 11.54 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting rights % of votingfinancial price date xvii Conversion instrument refers to rights xix, xxinstrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 16,761,612 11.54 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi The voting rights are held by IMWS (Nominees) Limited, under an investment management agreement with FF&P Asset Management Limited, for the Lord Rayne Will Trust. Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will ceaseto hold: 12. Date on which proxy holder will cease to holdvoting rights: 13. This notification is in respect of the same transfer as notified by FF&PAdditional Asset Management Limited on 2 December 2014 and notified by the issuer toinformation: the market on 3 December 2014. FF&P Asset Management Limited manage the shares held through IMWS (Nominees) Limited on behalf of the trustees of the Lord Rayne Will Trust. 14. Contact Colin Smithname: 15. Contacttelephone 020 7597 6314number: