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

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

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

Deutsche Bank AG

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

Deutsche Bank AG, London BranchN.

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

28 March 2017

6. Date on which issuer notified:

30 March 2017

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

Below 6%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

Situation previous to the triggering transaction: 44,515,761 ordinary shares of 0.01p each, Number of voting rights: 44,515,761

Resulting situation after the triggering transaction:

Number of Shares Direct: 33,732,806 ordinary shares of 0.01p each

Number of voting rights Direct: 33,732,806, Indirect: None

Percentage of voting rights Direct: 2.75%, Indirect: None

B: Qualifying Financial Instruments

N/A

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

Resulting Situation after the triggering transaction:  

Total A +B+C

Number of voting rights 64,867,137

Percentage of voting rights 5.28%

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

Deutsche Bank Ag, London Branch - 5.28%

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:

N/A

14. Contact Name/Telephone Number:

Debenhams plc LEI5493007MMUEIF4NJG110

Paul Eardley

Company Secretary

Telephone 020 3549 6000