Holding(s) in Company

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

Kesa Electricals 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

Knight Vinke Asset Management LLC for itself and on behalf of other Knight Vinke companies and partnerships.

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

State Street Bank and Trust Company, on behalf of Knight Vinke Institutional Partners I, L.P. ("KVIP I"), Knight Vinke Institutional Partners II, L.P. ("KVIP II"), Knight Vinke Institutional Partners V, L.P. ("KVIP V"), Teacher Retirement System of Texas, KV Services Limited, and KV Services II Limited. Bank of New York Mellon, Massachusetts on behalf of KV Services II Limited. UBS, Luxembourg on behalf of KV Services Limited. Credit Suisse on behalf of KV Strategic Investments Limited.

5. Date of the transaction and date on which the threshold is crossed or reached: v

August 5, 2011

6. Date on which issuer notified:

August 9, 2011

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

At 20.01% shareholding with all voting rights.

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

 Indirect xii

Direct

 Indirect

GB0033040113

102,273, 208

102,273, 208

105,973, 208

105,97 3,208

20.01%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expirationdate 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

105,973,208

20.01%

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

 Knight Vinke Asset Management LLC, KVAM International II Limited, KV Services Limited, KV Services II Limited and KV Strategic Investments Limited being investment managers in the Knight Vinke Group and KVIP I , KVIP II, and KVIP V (together the "Knight Vinke Group").

Proxy Voting:

10. Name of the proxy holder:

State Street Bank and Trust Company, UBS, BNY Mellon and Credit Suisse as detailed in #4.

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:

Knight Vinke total holding of 105,973,208 shares represents 20.01% of shares outstanding. As part of this total some named entities within the Knight Vinke Group have major interests in the shares.

14. Contact name:

Simon Enoch

Company Secretary

Kesa Electricals plc

15. Contact telephone number:

+44 (0)2072691400