Holding(s) in Company

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

LADBROKES CORAL GROUP PLC

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

An acquisition or disposal of voting rights

X

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 thenotification obligation: iii

PROMONTORIA HOLDING 196 B.V.

PROMONTORIA HOLDING 195 B.V.

PROMONTORIA HOLDING 156 B.V.

PROMONTORIA HOLDING 155 B.V.

PROMONTORIA 6 COöPERATIE U.A.

PROMONTORIA HOLDING COOP LDC

PROMONTORIA HOLDING COOP II LDC

SABERASU DT INVESTMENTS LDC

CERBERUS INSTITUTIONAL INTERNATIONAL SERIES ONE HOLDINGS, LLC

CERBERUS SERIES FOUR HOLDINGS, LLC

CERBERUS INSTITUTIONAL PARTNERS (INTERNATIONAL), L.P. - SERIES ONE

CERBERUS INSTITUTIONAL INTERNATIONAL ASSOCIATES, L.L.C.

CERBERUS INSTITUTIONAL PARTNERS, L.P. - SERIES FOUR

CERBERUS INSTITUTIONAL ASSOCIATES, L.L.C.

STEPHEN A. FEINBERG

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

PROMONTORIA HOLDING 156 B.V.

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

24 January 2017

6. Date on which issuer notified:

25 January 2017

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

6 PER CENT

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

131,554,318

6.87%

0

0

NIL

0%

NIL

ORDINARY SHARES

(ISIN CODE: GB00B0ZSH635)

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

0

0%

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

THE VOTING RIGHTS HAVE BEEN TRANSFERRED FROM PROMONTORIA HOLDING 156 B.V. AND ARE NOW DIRECTLY HELD BY PROMONTORIA HOLDING 196 B.V. (A DUTCH COMPANY) AND INDIRECTLY HELD BY THE OTHER NOTIFIERS THROUGH A CHAIN OF CONTROLLED UNDERTAKINGS COMPRISING:

PROMONTORIA HOLDING 195 B.V.

PROMONTORIA HOLDING 156 B.V.

PROMONTORIA HOLDING 155 B.V.

PROMONTORIA 6 COöPERATIE U.A.

PROMONTORIA HOLDING COOP LDC

PROMONTORIA HOLDING COOP II LDC

SABERASU DT INVESTMENTS LDc

CERBERUS INSTITUTIONAL INTERNATIONAL SERIES ONE HOLDINGS, LLC

CERBERUS SERIES FOUR HOLDINGS, LLC

CERBERUS INSTITUTIONAL PARTNERS (INTERNATIONAL), L.P. - SERIES ONE

CERBERUS INSTITUTIONAL INTERNATIONAL ASSOCIATES, L.L.C.

CERBERUS INSTITUTIONAL PARTNERS, L.P. - SERIES FOUR

CERBERUS INSTITUTIONAL ASSOCIATES, L.L.C.

ALL OF THE UNDERTAKINGS REFERRED TO ABOVE ARE ultimately controlled by stephen a. feinberg.

stephen A. feinberg AND THE OTHER NOTIFIERS are THEREFORE ALL indirectly interested in THE VOTING RIGHTS DIRECTLY HELD BY PROMONTORIA HOLDING 196 B.V.

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

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

N/A

13. Additional information:

N/A

14. Contact name:

MELISSA O'MEARA

COMPLIANCE AND LEGAL ANALYST

15. Contact telephone number:

+1-646-885-3664