Holding(s) in Company

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

Virgin Money Holdings (UK) 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

X

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 thenotification obligation: iii

Prudential plc group of companies

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

Prudential plc

The Prudential Assurance Company Limited

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

13 January 2017

6. Date on which issuer notified:

16 January 2017

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

See item 13

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 GBP0.0001

GB00BQP0644

12,572,436

12,572,436

16,018,229

0

16,018,229

0

3.60%

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

ORD GBP0.0001

GB00BQP0644

(Right of recall)

0

0.00%

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

16,018,229

3.60%

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

Prudential plc (parent Company) - 16,018,229 (3.60%)

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) - 16,018,229 (3.60%)

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:

The non-exempt indirect holdings for Prudential plc have moved above a 3% notifiable interest excluding the right of recall under the Qualifying Financial Instruments. We no longer have holdings subject to the Right of Recall.

The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) has moved above a 3% indirect notifiable interest excluding the right of recall under the Qualifying Financial Instruments.

14. Contact name:

Adam Key, Investor Relations/

Katie Marshall, Company Secretary

15. Contact telephone number:

020 7111 1311/

0191 279 6482