Holding(s) in Company

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Debenhams plc

2. Reason for the notification  

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation:

The Goldman Sachs Group, Inc

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

Goldman Sachs International

Goldman, Sachs & Co.

Goldman Sachs Asset Management International

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

09 April 2014

6. Date on which issuer notified:

11 April 2014

7. Threshold(s) that is/are crossed or reached

6%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

Situation previous to the triggering transaction: 0 Ordinary shares of 0.01p each

Number of voting rights: Below 3%

Resulting situation after the triggering transaction: 0 ordinary shares of 0.01p each

Number of voting rights Direct: 0, Indirect: 73,655,413

Percentage of voting rights Direct: 0, Indirect: 6.01%

B: Financial Instruments

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

N/A

Total A+B+C

Number of voting rights 73,655,413

Percentage of voting rights 6.01%

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

The Goldman Sachs Group, Inc. (parent company); 73,655,413; 6.01%

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 73,482,442 shares; 6.00%*

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.); 73,482,442 shares; 6.00%*

Goldman Sachs Group Holdings (U.K) Limited (Controlled by Goldman Sachs Group UK Limited); 73,482,442 shares; 6.00%*

Goldman Sachs Holdings (UK) (Controlled by Goldman Sachs Group Holdings (UK) Limited); 73,482,442 shares; 6.00%*

Goldman Sachs International (Controlled by Goldman Sachs Holdings (UK)); 73,482,442 shares; 6.00%*

Goldman, Sachs & Co. (Controlled by The Goldman Sachs Group, Inc.)

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.)

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C)

Goldman Sachs Group Holdings (U.K.) Limited (Controlled by Goldman Sachs Group UK Limited)

Goldman Sachs Holdings (U.K.) (Controlled by Goldman Sachs Group Holdings (U.K.) Limited)

Goldman Sachs Asset Managemnt International (Controlled by Goldman Sachs Holdings (U.K.))

Proxy Voting:

10. Name of the proxy holder:n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:n/a

13. Additional Information:

14. Contact Name/Telephone Number:

Paul Eardley

Company Secretary

Telephone 0203 549 6000