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

Persimmon PLC

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

An acquisition or disposal of voting rights

YES

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):

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

JPMorgan Asset Management Holdings Inc.

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

J.P. Morgan Investment Management Inc.

JPMorgan Asset Management (Taiwan) Limited

JPMorgan Asset Management (UK) Limited

JPMorgan Chase Bank, NA

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

24 January 2014

6. Date on which issuer notified:

27 January 2014

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

5% Downwards

8. Notified details:

A: Voting rights attached to sharesviii, 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 rightsx

Direct

Directxi

Indirectxii

Direct

Indirect

GB0006825383

14,727,092

14,727,092

Below minimum threshold

Below minimum threshold

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdatexiii

Exercise/Conversion Periodxiv

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

% of votingrights

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

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration datexvii

Exercise/Conversion periodxviii

Number of voting rights instrument refers to

% of voting rightsxix, xx

Contract for Difference

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

Below minimum threshold

Below minimum threshold

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

Total disclosable holding for JPMorgan Asset Management Holding Inc : Below minimum threshold

J.P. Morgan Investment Management Inc.

JPMorgan Asset Management (Taiwan) Limited

JPMorgan Asset Management (UK) Limited

JPMorgan Chase Bank, NA

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:

N/A

14. Contact name:

Mariya Racheva

15. Contact telephone number:

020 7742 3558