Holding(s) in Company

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

McCarthy & Stone 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

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

An event changing the breakdown of voting rights

x

Other (please specify):

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

The Goldman Sachs Group, Inc.

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

ELQ Investors VIII Ltd

Goldman Sachs International

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

24 January 2017

6. Date on which issuer notified:

26 January 2017

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

N/A

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

GB00BYNVD082

20,424,767

20,424,767

20,424,767

3.80%

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

Stock Loan (Physical)

Open

16,304,911

3.03%

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

36,729,678

6.84%

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

The Goldman Sachs Group, Inc.; 36,729,678 shares; 6.84%

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 20,424,767 shares; 3.80%

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.); 20,424,767 shares; 3.80%

Goldman Sachs Group Holdings (U.K.) Limited (Controlled by Goldman Sachs Group UK Limited); 20,424,767 shares; 3.80%

ELQ Investors VIII Ltd (Controlled by Goldman Sachs Group Holdings (U.K.) Limited); 20,424,767 shares; 3.80%

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.) ;16,304,911 shares; 3.03%

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.) ;16,304,911 shares; 3.03%

Goldman Sachs International (Controlled by Goldman Sachs Group UK Limited) ;16,304,911 shares; 3.03%

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:

Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:

[email protected]

14. Contact name:

Joanna Foley

15. Contact telephone number:

+44 207 051 9996