Holding(s) in Company

TR-1: Notifications of Major Interests in Shares

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

Dixons Retail plc

(formerly DSG international plc)

2: Reason for notification (yes/no)

An acquisition or disposal of voting rights

yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

no

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

no

An event changing the breakdown of voting rights

no

Other (please specify):

no

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

obligation:

 Letko, Brosseau & Associates Inc.

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

 State Street Nominees Ltd.

The Bank of New York London

Roy Nominees Limited

TD Waterhouse Nominees (Europe) Ltd

Mellon Nominees (UK) Limited

Mellon Nominees (UK) Ltd, account TD Canada Trust

Chase Nominees Limited

Bank of New York "Nominees" Limited, account 365045

Nortrust nominees

Bank of America Omnibus for Legacy U.S. Trust

5. Date of the transaction (and date on which the threshold

is crossed or reached):

30-sep-10

6. Date on which issuer notified:

05-oct-10

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

5%

8: Notified Details

A: Voting rights attached to shares

Class/type of share If possible use ISIN code

GB0000472455

Situation previous to the triggering transaction

Number of shares

Number of voting rights

181,321,105

 5.02%

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

177,090,795

4.91%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

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

Resulting situation after the triggering transaction

Type of financial instrument

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

177,090,795

4.91%

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

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:

15. Contact telephone number: