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

Countryside Properties plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

ü

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

Oaktree Capital Group Holdings GP, LLC

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

OCM Luxembourg Coppice Topco S.à r.l.

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

27 January 2017 and 31 January 2017

6. Date on which issuer notified:

31 January 2017

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

56% to 47%

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

252,373,009

252,373,009

N/A

N/A

207,373,009

N/A

46.1%

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

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

Total (A+B+C)

Number of voting rights

Percentage of voting rights

207,373,009

46.1%

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

OCM Luxembourg Coppice Topco S.à r.l. is an entity controlled by Oaktree Fund GP I, LP as follows:

OCM Luxembourg Coppice Topco S.à r.l. is jointly controlled by OCM Luxembourg Opps IX Sarl ("Opps IX Sarl"), OCM Luxembourg Opps IX (Parallel 2) Sarl ("P2 Sarl"), OCM Luxembourg Opps VIIIb Sarl ("Opps VIIIb Sarl"), and OCM Luxembourg EPF III Coppice Holdings Sarl ("EPF III Sarl"). Opps IX Sarl is jointly controlled by Oaktree Opportunities Fund IX, L.P. ("Opps IX") and Oaktree Opportunities Fund IX (Parallel), L.P. ("Opps IX Parallel"). P2 Sarl is controlled by Oaktree Opportunities Fund IX (Parallel 2), L.P. ("Opps IX Parallel 2"). Opps IX, Opps IX Parallel and Opps IX Parallel 2 are each controlled by Oaktree Opportunities Fund IX GP, L.P., which is controlled by Oaktree Opportunities Fund IX GP Ltd. ("Opps IX Ltd."). Opps VIIIb Sarl is controlled by Oaktree Opportunities Fund VIIIb, L.P. ("Opps VIIIb") and Oaktree Opportunities Fund VIIIb (Parallel), L.P. ("Opps VIIIb Parallel"). Opps VIIIb and Opps VIIIb Parallel are controlled by Oaktree Opportunities Fund VIIIb GP, L.P., which is controlled by Oaktree Opportunities Fund VIIIb GP Ltd. ("Opps VIIIb Ltd."). OCM Luxembourg EPF III Coppice Holdings Sarl is controlled by OCM Luxembourg EPF III Sarl, which is jointly controlled by Oaktree European Principal Fund III, L.P. and Oaktree European Principal Fund III (Parallel) L.P., which are both controlled by Oaktree European Principal Fund III, GP, L.P. which is controlled by Oaktree European Principal Fund III GP, Ltd. ("EPF III Ltd.") Opps IX Ltd, Opps VIII Ltd. and EPF III Ltd. are each controlled by Oaktree Fund GP I, L.P.

Oaktree Fund GP I, L.P. is itself controlled by Oaktree Capital I, L.P. which is controlled by Oaktree Holdings I, LLC which is controlled by Oaktree Holdings, LLC which is controlled by Oaktree Capital Group, LLC, which is controlled by Oaktree Capital Group Holdings, L.P., which is controlled by Oaktree Capital Group Holdings GP, LLC.

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:

N/A

14. Contact name:

Martin Eckel

15. Contact telephone number:

+352 26 63 25 47 26