Holding(s) in Company

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

McCarthy & Stone 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

X

An event changing the breakdown of voting rights

Other (please specify):

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

Anchorage Capital Master Offshore, Ltd.

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

ACMO S.à r.l.

ACMO Finance (Ireland) Designated Activity Company

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

11 April 2017

6. Date on which issuer notified:

13 April 2017

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

Above 20%

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

47,479,623

47,479,623

58,482,846

58,482,846

10.88%

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

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

51,035,237

Nominal

Delta

9.49%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

109,518,083

20.38%

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

Anchorage Capital Master Offshore, Ltd. is the parent undertaking of both ACMO S.à r.l. which hold 33,952,898 shares with voting rights (6.32%) and ACMO Finance (Ireland) Designated Activity Company which holds 6,764,759 shares voting rights (1.26%). Anchorage Capital Master Offshore, Ltd. also directly holds 17,765,189 shares with voting rights (3.30%) and CFDs totaling 51,035,237 which represent the equivalent of approximately (9.49%) of the voting rights.

The holdings of ACMO S.à r.l., ACMO Finance (Ireland) Designated Activity Company and Anchorage Capital Master Offshore, Ltd. are managed by Anchorage Capital Group, L.L.C., which is an SEC- registered Investment Manager and therefore falls within the equivalent exception in DTR 5.1.5.

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:

14. Contact name:

David Young

15. Contact telephone number:

+ [212-432-4600]