Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are GCP Student Living plcattached: 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 mayresult in the acquisition of shares already issued to which voting rights areattached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights X Other (please specify): 3. Full name of person(s) subject to the CCLA Investment Management Ltdnotification obligation: CBF Church of England Investment Fund COIF Charities Investment Fund COIF Charities Ethical Investment Fund4. Full name of shareholder(s) Diocese of

Westminster Equities

(if different from 3.): The

LankellyChase Foundation Equities

Land Trust Equities Southwell and Nottingham Equity 5. Date of the transaction and date onwhich the threshold is crossed or 21 May 2013reached: 6. Date on which issuer notified: 22 May 2013 7. Threshold(s) that is/are crossed or 15% reached: 8. Notified details: A: Voting rights attached to shares Class/ Situation previous Resulting situation after the triggering transactiontype of to the triggeringshares transaction if Number Number Number Number of voting % of voting rightspossible of of of shares rightsusing Shares Votingthe ISIN RightsCODE Direct Direct Indirect Direct Indirect B8460Z4 10,500,000 15.00% Nil Nil 10,500,000 Nil 14.979%Ordinary B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting % of votingfinancial date Conversion Period rights that may be rightsinstrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments Resulting situation after the triggering transaction Type of Exercise price Expiration Exercise/ Number of voting rights % of voting rightsfinancial date Conversion instrument refers toinstrument period Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 10,500,000 14.979%

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

Not Applicable Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Jackie Fox 15. Contact telephone number: 0207 489

6046