Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying John Menzies Plcissuer of existing shares to which votingrights are attached: (SEDOL: 0579005) 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 mayresult in the acquisition of shares already issued to which votingrights are attached. An acquisition or disposal of instruments with similar economic effectto qualifying financial instruments An event changing the breakdown of voting rights Other (pleasespecify): 3. Full name of person(s) subject to the Kabouter Management LLCnotification obligation: 4. Full name of shareholder(s) (if N/Adifferent from 3.): 5. Date of the transaction and date on 01/12/2014which the threshold is crossed orreached: 6. Date on which issuer notified: 01/12//2014 7. Threshold(s) that is/are crossed or 6%reached: 8. NOTIFIED DETAILS: A: VOTING RIGHTS ATTACHED TO SHARES Class/type Situation previous Resulting situation after the triggeringof shares to the triggering transaction transaction if possible Number of Number Number of Number of voting % of votingusing the Shares of shares rights rightsISIN CODE Voting Rights Direct Indirect Direct Indirect GB0005790059 3,555,499 3,555,499 3,703,555 N/A 3,703,555 6.04% Ordinary 25p B: QUALIFYING FINANCIAL INSTRUMENTS Resulting situation after the triggering transaction Type of Expiration Exercise/Conversion Number of % offinancial date Period voting rights votinginstrument that may be rights acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A C: FINANCIAL INSTRUMENTS WITH SIMILAR ECONOMIC EFFECT TO QUALIFYINGFINANCIAL INSTRUMENTS Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of % offinancial price date Conversion voting rights votinginstrument period instrument rights refers to N/A N/A N/A N/A N/A Nominal Delta TOTAL (A+B+C) Number of voting rights Percentage of voting rights 3,703,555 6.04% 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: N/A 11. Number of voting rights proxy holder will cease to N/Ahold: 12. Date on which proxy holder will cease to hold N/Avoting rights: 13. Additional information: 14. Contact name: Linda Choi 15. Contact telephone number: +1 312 546 3091