Holding(s) in Company

For filings with the FSA 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 issuer of existing shares to which voting rights are attached: ii

Inchcape Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

ü

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):

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

FMR LLC

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

See attached schedule

5. Date of the transaction and date on which the threshold is crossed or reached: v

07 May 2010

6. Date on which issuer notified:

10 May 2010

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

5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB00B10QTX02

230,010,707

230,010,707

236,336,653

236,336,653

5.13

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

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

236,336,653

5.13%

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

SHARES HELD NOMINEE MANAGEMENT CO

FMR LLC is the parent holding company of Fidelity 4,531,800 BROWN BROTHERS HARRIMAN AND CO FMRCO

Management & Research Company (FMRCO), investment 268,300 BROWN BROTHERS HARRIMAN AND CO PTC

manager for US mutual funds, and FIL Management Trust 171,639,520 JP MORGAN CHASE BANK FMRCO

Company (FMTC) and Pyramis Global Advisors Trust Company 9,973,706 MELLON BANK N.A. FMRCO

(PGATC), a US state chartered bank which acts as a trustee 921,500 MELLON BANK N.A. PTC

or investment manager of various pension and trust accounts 38,055,936 STATE STREET BANK AND TR CO FMRCO

and Pyramis Global Advisors LLC (PGALLC). 2,176,291 STATE STREET BANK AND TR CO PTC

1,997,300 STATE STREET BANK AND TR CO PGATC

4,488,300 CIBC MELLON TRUST (C) FCL

2,284,000 MELLON BANK NA (C) PTC

Proxy Voting:

10. Name of the proxy holder:

FMR LLC

11. Number of voting rights proxy holder will acquire:

6,325,946

12. Date on which proxy holder will acquire voting rights:

07 May 2010

13. Additional information:

14. Contact name:

Shaheen Hussain

15. Contact telephone number:

[email protected]