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

Ocado 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

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

Citigroup Global Markets Limited

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

N/A

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

30-June-2016

6. Date on which issuer notified:

04-July-2016

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

8%

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

GB00B3MBS747

51,802,791

51,802,791

3,079,592

3,079,592

0

0.4902%

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

Right to recall lent securities

21,930,527

3.4910%

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

Equity Swap

-

23-Nov-2016

02-Sep-2016

30-Aug-2016

06-Apr-2017

29-Mar-2017

07-Mar-2019

07-Mar-2019

07-Mar-2019

07-Mar-2019

07-Mar-2019

07-Mar-2019

07-Mar-2019

14-Apr-2017

14-Apr-2017

15-May-2017

28-May-2019

08-Sep-2016

08-Sep-2016

08-Sep-2016

08-Sep-2016

08-Sep-2016

08-Nov-2016

-

24,585,407

3.9136%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

49,595,526

7.8948%

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

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:

14. Contact name:

Craig Watson

15. Contact telephone number:

+44 2890 409605 - [email protected]