Holding(s) in Company

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

WM Morrison Supermarkets Plc

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

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

X

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

X

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Morgan Stanley (Institutional Securities Group and Global Wealth Management)

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

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

08.11.2016

6. Date on which issuer notified:

10.11.2016

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

4%*

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

GB0006043169

1,444,736

1,444,736

546,288

546,288

0.02%

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

Depositary Receipt

N/A

N/A

13,250

0.00%

Right of recall over securities lending agreements

N/A

N/A

37,110,161

1.59%

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

Equity Swap

N/A

25.11.2016

N/A

53,696

N/A

0.00%

Equity Swap

N/A

07.03.2017

N/A

5,781,500

N/A

0.25%

Equity Swap

N/A

31.07.2017

N/A

7,439,021

N/A

0.32%

Equity Swap

N/A

30.10.2017

N/A

184,278

N/A

0.01%

Equity Swap

N/A

15.01.2018

N/A

17,489,011

N/A

0.75%

Equity Swap

N/A

09.04.2018

N/A

1,705,569

N/A

0.07%

Equity Swap

N/A

20.04.2018

N/A

532,800

N/A

0.02%

Equity Swap

N/A

28.09.2018

N/A

220,000

N/A

0.01%

Equity Swap

N/A

05.10.2021

N/A

538,270

N/A

0.02%

Equity Swap

N/A

21.12.2021

N/A

27,325,377

N/A

1.17%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

98,939,221

4.24%

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

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

Of the total voting rights attached to shares in Section 8A, 546,288 (0.02%) of these are the result of stock borrowing agreements"

Morgan Stanley's total holding in WM Morrison Supermarkets remains above the 4% threshold previously disclosed, however, this notification is being made on the basis that the holding in sections 8(b)+8(c) has crossed a relevant threshold in their own right at the component level.

14. Contact name:

Craig Horsley

15. Contact telephone number:

+44 141 245-7736