Holding(s) in Company

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

Britvic Plc

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 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

TIAA-CREF Investment Management, LLC on behalf of the accounts referred to in Exhibit A

Teachers Advisors, Inc. on behalf of the funds

referred to in Exhibit A

Nuveen Investments, Inc. on behalf of the entities referred to in Exhibit A

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

See Number 3

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

1 June 2015

6. Date on which issuer notified:

3 June 2015

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

6%

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

GB00B0N8QD54

13,600,907

13,600,907

13,700,907

13,700,907

0

5.516%

0%

US1111901047

(ADRs in relation to Ordinary Shares with ISIN GB00B0N8QD54)

606,900

1,213,800

606,900

1,213,800

0

0.489%

0%

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

14,914,707

6.004%

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

On June 1, 2015, the College Retirement Equities Fund ("CREF") purchased 100,000 shares of Britvic Plc, bringing CREF's holdings to 11,758,546 shares in Britvic Plc. CREF owns these shares through two of its investment accounts, the Stock Account and the Global Equities Account. It is our understanding there were 248,400,822 total voting shares in Britvic Plc that were outstanding on June 1, 2015, bringing CREF's total ownership in Britvic Plc to 4.734%. CREF is a U.S.-based SEC registered investment company that is managed by TIAA-CREF Investment Management, LLC ("TCIM"), an SEC registered investment adviser.

Additionally, certain affiliates of CREF own 1,942,361 shares of Britvic Plc. 1,934,936 of these shares are owned by the TIAA-CREF Funds and the TIAA-CREF Life Funds, each of which is a U.S.-based SEC registered investment company that is managed by Teachers Advisors, Inc. ("TAI"), an SEC registered investment adviser. TAI is affiliated with TCIM and both are indirect, wholly-owned subsidiaries of Teachers Insurance and Annuity Association of America ("TIAA"), a New York insurance company. Nuveen Investments, Inc. (NII) owns an additional 7,425 ordinary shares and 606,900 ADRs correlating to 1,213,800 ordinary shares in Britvic Plc (We note that one ADR equals two ordinary shares). The combined TIAA-Nuveen enterprise now has aggregated holdings of 14,914,707 shares or 6.004% of the issued and outstanding voting shares in Britvic Plc.

Each of TCIM, TAI and NII are aggregating their holdings in Britvic Plc following the closing of the Acquisition as required by current FCA Disclosure and Transparency Rules. However, each of TCIM, TAI and Nuveen separately and independently vote all proxies for shares held in Britvic Plc.

(See Exhibit A)

Proxy Voting:

10. Name of the proxy holder:

TIAA-CREF Investment Management, LLC / Teachers Advisors, Inc. / Nuveen Investments, Inc.

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:

None

14. Contact name:

Jonathan Adelman, General Counsel (Interim)

15. Contact telephone number:

+44 (0)1442 284411

TIAA-CREF INVESTMENT MANAGEMENT LLC - COLLEGE RETIREMENT EQUITIES FUND ("CREF")

TEACHERS ADVISORS, INC. ("TAI")

NUVEEN INVESTMENTS, INC ("NII")

AGGREGATE HOLDING

Global Equities Account

Stock Account

Total CREF Holdings

Total CREF %

TIAA-CREF Growth and Income Fund

TIAA-CREF Life Growth and Income Fund

Total Mutual Funds Holdings

Total Mutual Funds %

Nuveen Investments, Inc

Total Nuveen

Total Nuveen %

Total Holdings

Total %

Holdings as of May 29, 2015

4,915,677

 6,742,869

 11,658,546

4.693%

 1,877,057

57,879

1,934,936

0.779%

7,425

 7,425

0.003%

13,600,907

5.475%

Transactions as of June 1, 2015

-

100,000

 100,000

0.040%

 -

-

-

0.000%

-

-

0.000%

100,000

0.040%

Holdings as of June 1, 2015

 4,915,677

 6,842,869

 11,758,546

4.734%

1,877,057

57,879

1,934,936

0.779%

7,425

7,425

0.003%

13,700,907

5.516%

NUVEEN INVESTMENTS, INC

Nuveen Investments, Inc

Total Nuveen

Converted

1 ADR=2 ORD

Total Nuveen %

Total Holdings

Holdings as of May 29, 2015

606,900

606,900

1,213,800

0.489%

1,213,800

Transactions as of June 1, 2015

-

-

-

0.000%

-

Holdings as of June 1, 2015

606,900

606,900

1,213,800

0.489%

1,213,800