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

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

Schroders plc

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

06.11.14

6. Date on which issuer notified:

07.11.14

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

Above 5%

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

Ordinary

Below 5%

Below 5%

119,820,769

N/A

119,757,406

N/A

5.129%

GB0006043169

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

Call Option 1.81811

Call Option 1.8928

Call Option 1.86437

Call Option 2.00627

Call Option 1.90937

Call Option 1.89509

Call Option 1.92895

Call Option 1.96151

Call Option 1.87782

Call Option 1.79054

Call Option 1.88755

Call Option 1.87624

Call Option 1.85166

Call Option 1.89738

Call Option 1.84884

Call Option 1.72844

Call Option 1.76016

Call Option 1.70163

07/11/2014

12/11/2014

21/11/2014

25/11/2014

28/11/2014

05/12/2014

11/12/2014

18/12/2014

23/12/2014

19/12/2014

07/01/2015

06/01/2015

16/01/2015

15/01/2015

22/01/2015

24/11/2014

27/01/2015

03/02/2015

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

(914,809)

(1,289,506)

(924,050)

(1,053,285)

(307,661)

(924,050)

(2,097,075)

(2,119,614)

(1,191,617)

(510,681)

(953,293)

(2,119,614)

(634,094)

(2,271,015)

(996,129)

(646,386)

(2,271,015)

(749,745)

(0.039)

(0.055)

(0.040)

(0.045)

(0.013)

(0.040)

(0.090)

(0.091)

(0.051)

(0.022)

(0.041)

(0.091)

(0.027)

(0.097)

(0.043)

(0.028)

(0.097)

(0.032)

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

119,757,406

5.129%

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

Schroder & Co. Limited 2,125,385 0.091%

Schroders (C.I.) Limited  78,664 0.003%

Schroder Investment Management Limited 116,137,666 4.974%

Schroder Investment Management North America Limited 1,415,691 0.061%

Proxy Voting:

10. Name of the proxy holder:

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

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

13. Additional information:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements. This disclosure has been calculated based on issue share capital amount 2,335,080,497.

14. Contact name:

Taryn O'Donoghue

15. Contact telephone number:

020 7658 6000