Holding(s) in Company

For filings with the FCA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

NAHL 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):

Clarification that a wholly-owned subsidiary of Lloyds Banking Group plc manages an interest in the voting rights attached to the 1,081,187 ordinary shares that are held in the issuer by OBS 2009 and the 12,356 ordinary shares that are held by LDC Opportunity Club 2009 in addition to the 5,084,668 ordinary shares held by Lloyds Development Capital (Holdings) Limited. This notification is not being made as a result of an acquisition or disposal of voting rights by Lloyds Banking Group plc or it's subsidiaries.

X

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

Lloyds Banking Group plc

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

See Section 9

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

29 May 2014

6. Date on which issuer notified:

31 October 2014

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

15%

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

ORD GBP0.0025

N/A

N/A

5,084,668

5,084,668

1,093,543

12.356%

2.657%

GB00BM7S2W63

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

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,178,211

15.013%

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

5,084,668 shares (12.356%), are under the control of Lloyds Development Capital (Holdings) Limited, a wholly owned subsidiary of Lloyds Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc.

1,081,187 shares (2.627%) held in the name of OBS 2009 are under the control of LDC (Managers) Limited, a wholly owned subsidiary of Lloyds Development Capital (Holdings) Limited, a wholly owned subsidiary of Lloyds Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc.

12,356 shares (0.030%) held in the name of LDC Opportunity Club 2009 are under the control of LDC (Managers) Limited, a wholly owned subsidiary of Lloyds Development Capital (Holdings) Limited, a wholly owned subsidiary of Lloyds Bank plc, a wholly owned subsidiary of Lloyds Banking Group plc.

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:

Notification using the Total Voting Rights figure of 41,150,000

14. Contact name:

Darren Hemsley

15. Contact telephone number:

0113 235 7676