Holding(s) in Company - Replacement

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

Ladbrokes 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 financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify)

3. Full name of persons(s) subject to the notification obligation

 Citigroup Global Markets UK Equity Limited

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

5. Date of transaction (and date on which the threshold is crossed or reached if different):

 30th September 2008

6. Date on which issuer notified:

 1st October 2008

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

 5.00%

8. Notified details:

A: Voting rights attached to shares

Class/type of sharesif 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

Direct

Direct

Indirect

Direct

Indirect

GB00B0ZSH635 

30,107,776

30,107,776

29,953,622

29,953,622

4.99%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period/Date

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

29,953,622

4.99%

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

Proxy Voting:

10. Name of the proxy holder:

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: