Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Countrywide 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

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):

Change in percentage holding by reason of issuer buyback.

X

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

Oaktree Capital Group Holdings GP, LLC

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

OCM Luxembourg Castle Holdings S.á r.l

OCM Luxembourg EPF III Castle Holdings S.á r.l

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

15 January 2015

6. Date on which issuer notified:

27 January 2015

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

30%

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

GB00B9NWP991

64,929,676

64,929,676

64,929,676

64,929,676

30.08%

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

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

64,929,676

30.08%

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

OCM Luxembourg Castle Holdings S.á r.l and OCM Luxembourg EPF III Castle Holdings S.á r.l are both controlled by Oaktree Fund GP I, LP as follows:

OCM Luxembourg Castle Holdings S.á r.l is controlled by OCM Luxembourg EPOF II S.á r.l which is controlled by OCM European Principal Opportunities Fund II, L.P. which is controlled by OCM European Principal Opportunities Fund II GP, L.P. which is controlled by OCM European Principal Opportunities Fund II GP, Limited which is controlled by Oaktree Fund GP I, L.P.

OCM Luxembourg EPF III Castle Holdings S.á r.l is controlled by Oaktree European Principal Fund III Ltd which is jointly controlled by Oaktree European Principal Fund III, L.P. and Oaktree European Principal Fund III (Parallel) L.P., which are both controlled by Oaktree European Principal Fund III, GP, L.P. which is controlled by Oaktree European Principal Fund III GP, Limited which is controlled by Oaktree Fund GP I, L.P.

Oaktree Fund GP I, LP is itself controlled by Oaktree Capital IL.P. which is controlled by Oaktree Holdings I, LLC which is controlled by Oaktree Holdings LLC which is controlled by Oaktree Capital Group LLC, which is controlled by Oaktree Capital Group Holdings, LP, which is controlled by Oaktree Capital Group Holdings GP LCC.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

The 30% threshold has been crossed by virtue of the buyback of shares by Countrywide plc and not by the acquisition of any additional shares by the Oaktree funds. A waiver of obligations under Rule 9 of the Takeover Code was approved by the Takeover Panel and the independent shareholders of Countrywide plc at a general meeting of Countrywide plc on 8 January 2015.

14. Contact name:

Tom Ware

15. Contact telephone number:

+44 (0)20 7201 4601