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 voting rights

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

The Goldman Sachs Group, Inc

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

Goldman Sachs International Goldman, Sachs & Co.

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

01st April 2014

6. Date on which issuer notified:

3rd April 2014

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

6%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

Situation previous to the triggering transaction: 0 Ordinary shares of 0.01p each

Number of voting rights: Below 3%

Resulting situation after the triggering transaction: 0 ordinary shares of 0.01p each

Number of voting rights Direct: 0, Indirect: 73,883,562

Percentage of voting rights Direct: 0, Indirect: 6.03%

B: Financial Instruments

N/A

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

N/A

Total A+B+C

Number of voting rights 73,883,562

Percentage of voting rights 6.03%

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

The Goldman Sachs Group, Inc. (parent company); 73,883,562; 6.03%

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 73,624,911 shares; 6.00%

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.); 73,624,911 shares; 6.00%

Goldman Sachs Group Holdings (U.K) Limited (Controlled by Goldman Sachs Group UK Limited); 73,624,911 shares; 6.00%

Goldman Sachs Holdings UK Limited (Controlled by Goldman Sachs Group Holdings (UK) Limited); 73,624,911 shares; 6.00%

Goldman Sachs International (Controlled by Goldman Sachs Holdings (UK)); 73,624,911 shares; 6.00%

Goldman, Sachs & Co. (Controlled by The Goldman Sachs Group, Inc.)

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:

14. Contact Name/Telephone Number:

Paul Eardley

Company Secretary

Telephone 0203 549 6000