Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Volution Group 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

An event changing the breakdown of voting rights

Other (please specify):

Shareholding immediately following Admission

X

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

TowerBrook Investors Limited

TowerBrook Investors GP III, L.P.

TowerBrook Investors III, L.P.

TCP Volution Holdings GP, LLC

Windmill Cayman L.P.

Windmill Holdings Cooperatief U.A.

Windmill Holdings B.V.

Neal Moszkowski and Ramez Sousou

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

Windmill Holdings B.V.

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

23 June 2014

6. Date on which issuer notified:

24 June 2014

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

61%

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect

Ordinary Shares of £0.01 each

ISIN Code:

GB00BN3ZZ526

122,751,087

122,751,087

61.4

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

Number of votingrights that may beacquired if theinstrument isexercised/ converted

% of votingrights

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

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

122,751,087

61.4

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

TowerBrook Investors Limited is the general partner of

TowerBrook Investors GP III, L.P., which is the general partner of

TowerBrook Investors III, L.P., which is the parent undertaking of

TCP Volution Holdings GP, LLC, which is the general partner of

Windmill Cayman L.P., which is the parent undertaking of

Windmill Holdings Cooperatief U.A. , which is the parent undertaking of

Windmill Holdings B.V.

The ultimate controllers of TowerBrook Investors Limited are Neal Moszkowski and Ramez Sousou.

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:

14. Contact name:

Adam McLain, General CounselTowerBrook Capital Partners (U.K.) LLP

15. Contact telephone number:

020 7451 2020