Holding(s) in Company

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

Rentokil Initial 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

ü

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

Schroders plc

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

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

03.03.15

6. Date on which issuer notified:

04.03.15

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

From 14% - 13%

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

GB00B082RF11

278,742,935

265,903,323

261,142,566

N/A

250,302,954

N/A

13.732%

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

Call Option / 1.24854

12/03/2015

N/A

(628,959)

-0.035%

Call Option / 1.25832

19/03/2015

N/A

(691,630)

-0.038%

Call Option / 1.25773

08/04/2015

N/A

(616,928)

-0.034%

Call Option / 1.32397

17/04/2015

N/A

(530,454)

-0.029%

Call Option / 1.27951

28/04/2015

N/A

(525,648)

-0.029%

Call Option / 1.31897

12/05/2015

N/A

(395,520)

-0.022%

Call Option / 1.37708

27/05/2015

N/A

(485,853)

-0.027%

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

CFD

N/A

N/A

N/A

4,310,900

Nominal

Delta

0.236%

1

Total (A+B+C)

Number of voting rights

Percentage of voting rights

254,613,854

13.968%

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

Schroder Investment Management Limited 251,805,493 13.814%

Schroders (C.I.) Limited 50,025 0.003%

Schroder & Co. Limited 2,758,336 0.151%

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. Additional information:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 1,822,832,965.

14. Contact name:

Alexandra Laan, Rentokil Initial plc

15. Contact telephone number:

01276 607444