Holding(s) in Company

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

Biffa 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

Avenue Europe International Management, L.P.

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

Record Holders:

GL Europe Luxembourg S.a.r.l.

GL Europe (Jersey) Limited

Beneficial Owners:

Avenue - COPPERS Opportunities Fund, L.P.

Avenue Europe Opportunities Master Fund, L.P.

Avenue-SLP European Opportunities Fund, L.P.

Avenue Europe Special Situations Fund II (Euro), L.P.

Avenue Europe Special Situations Fund II (US), L.P.

Avenue ASRS Europe Opportunities Fund, L.P.

Avenue Europe Special Situations Fund III (Euro), L.P.

Avenue Europe Special Situations Fund III (US), L.P.

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

February 21, 2017

6. Date on which issuer notified:

February 21, 2017

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

19%

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

GB00BD8DR117

38,811,732

38,811,732

-

-

38,811,732

15.52%

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

Contracts for Difference (CfD)

N/A

N/A

N/A

9,962,874

Nominal

Delta

3.99%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

48,774,606

19.51%

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

The voting rights and financial instruments are held by GL Europe Luxembourg S.a.r.l. and GL Europe (Jersey) Ltd (the record holders), entities that are wholly owned by certain funds listed in Item 4 which are managed by Avenue Europe International Management, L.P.

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:

N/A

14. Contact name:

N/A

15. Contact telephone number:

N/A