Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer GCP Student Living plcof existing shares to which voting rights areattached: 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 resultin the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): First day of trading x 3. Full name of person(s) subject to the Henderson Global Investorsnotification obligation: 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on 20 May 2013which the threshold is crossed or reached: 6. Date on which issuer notified:

21 May 2013

7. Threshold(s) that is/are crossed or 10%reached: 8. Notified details: A: Voting rights attached to shares Class/type Situation previous Resulting situation after the triggering transactionof to the triggeringshares transaction if possible Number Number Number Number of voting % of voting rightsusing of of of shares rightsthe ISIN Shares VotingCODE Rights Direct Direct Indirect Direct IndirectGBP0.01 GB00B8460Z42 0 0 7,500,000 10.69% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of votingfinancial date Conversion Period rights that may be rightsinstrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting rights % of voting rightsfinancial date Conversion instrument refers toinstrument period Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 7,500,000 10.69%

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

Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Cate Hex-Candy 15. Contact telephone number: 020 7818

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