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 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 instrument

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

BlackRock, Inc.

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

N/A

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

18 March 2016

6. Date on which issuer notified:

21 March 2016

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

Total holding has gone below 5%

8. Notified details:

Class/type of shares

GB00B126KH97

A: Voting rights attached to shares

Situation previous to the triggering transaction:

Number of Ordinary shares of 0.01p each: 33,410,219

Number of voting rights: 33,410,219

Resulting situation after the triggering transaction:

Number of Ordinary shares of 0.01p each Direct: N/A

Number of voting rights Direct: N/A Indirect: Below 5%

Percentage of voting rights Direct: N/A Indirect: Below 5%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

Total A+B+C

Number of voting rights: N/A

Percentage of voting rights: Below 5%

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

See Annex

Proxy Voting:

10. Name of the proxy holder: 

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

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

13. Additional Information:

14. Contact Name/Telephone Number:

Paul Eardley

Company SecretaryTelephone: 020 3549 6000

Annex - Chain of conrtolled undertakings through which the voting rights and/or the financial instruments are effectively held, if applciable: