Holding(s) in Company

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

Sage Group Plc

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

An acquisition or disposal of voting rights

ü

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

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

31.10.13

6. Date on which issuer notified:

01.11.13

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

Above 5%

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

GB00B8C3BL03

55,717,156

N/A

55,038,549

N/A

5.007%

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

182,997

Nominal

Delta

0.017%

1

Total (A+B+C)

Number of voting rights

Percentage of voting rights

55,221,546

5.024%

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

Cazenove Capital Holding Ltd 36,228,096 shares 3.296%

Schroder Investment Management Ltd 14,633,936 shares 1.331%

Schroders Channel Islands Ltd 473,269 shares 0.043%

Schroder Investment Management North America Ltd 573,656 shares 0.052%

Schroder and Co Ltd 3,312,589 shares 0.301%

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 1,099,205,817

14. Contact name:

Laura Whelan

15. Contact telephone number:

+44 207 658 6000

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Schroder Plc

Contact address

(registered office for legal entities)

31 Gresham StreetLondonEC2V 7QA

Phone number & email

+44 20 7658 7101

[email protected]

Other useful information

(at least legal representative for legal persons)

Group Disclosure Team

B: Identity of the notifier, if applicable

Full name

Laura Whelan

Contact address

Phone number & email

+44 20 7658 7101

[email protected]

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

Compliance Specialist

C: Additional information

For notes on how to complete form TR-1 please see the FCA website.