Holding(s) in Company

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Debenhams plc

2. Reason for the notification  

An acquisition or disposal of qualifying financial instruments with similar economic effect to qualifying financial instruments.

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

BlackRock Inc

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

N/A

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

14th May 2013

6. Date on which issuer notified:

15th May 2013

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

Below 5%

8. Notified details:

Class/type of shares

GB00B126KH97

A: Voting rights attached to shares

Situation previous to the triggering transaction:

Number of Ordinary shares of 0.01p each: 48,628,978

Number of voting rights: 48,628,978

Resulting situation after the triggering transaction:

Number of Ordinary shares of 0.01p each: N/A

Number of voting rights Direct: N/A, Indirect: N/A

Percentage of voting rights Indirect: Below 5%

B: Financial Instruments

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Total A+B+C

Number of voting rights: N/A

Percentage of voting rights: Below 5%

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

BlackRock Investment Management (UK) Limited - Below 5%

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:

BlackRock Regulatory Threshold Reporting Team

14. Contact Name/Telephone Number:

Paul Eardley

Company SecretaryTelephone

0207 408 4444