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

MXC Capital Limited

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

An event changing the breakdown of voting rights

X

Other (please specify):

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

NIGEL WRAY

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

PERSHING NOMINEES LIMITED

ROY NOMINEES LIMITED

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

29 September 2015

6. Date on which issuer notified:

29 September 2015

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

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 SHARES

416,490,917

416,490,917

412,656,269

412,656,269

3,834,648

13.04%

0.12%

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

416,490,917

13.16%

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

Nigel Wray has a beneficial interest in 412,656,269 MXC Capital Limited shares held by Pershing Nominees Limited

The family of Nigel Wray maintain a beneficial interest in 3,834,648 MXC Capital Limited shares held by Roy Nominees Limited

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:

Figures are based on total number of voting rights of 3,165,350,992 on 29 September 2015

14. Contact name:

Nigel Wray

15. Contact telephone number:

020 7647 7647