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

X

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

The Goldman Sachs Group, Inc.

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

ELQ Investors VIII Ltd

Uberior Special Situations Limited

Goldman Sachs Asset Management, L.P.

Goldman Sachs International

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

16 May 2016

6. Date on which issuer notified:

18 May 2016

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

Below 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

GB00BYNVD082

20,892,890

20,892,890

20,892,890

3.888%

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

591,211

0.110%

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

21,484,101

3.998%

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.; 21,484,101 shares; 3.998%

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.); 19,413,646 shares; 3.613%

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.); 19,413,646 shares; 3.613%

Goldman Sachs Group Holdings (U.K.) Limited (Controlled by Goldman Sachs Group UK Limited); 19,413,646 shares; 3.613%

ELQ Investors VIII Ltd (Controlled by Goldman Sachs Group Holdings (U.K.) Limited); 19,413,646 shares; 3.613%

Uberior Special Situations Limited (Controlled by ELQ Investors VIII Ltd);

The Goldman Sachs Group, Inc. is the parent undertaking of both ELQ Investors VIII Ltd which has 19,413,646 voting rights (3.613%) and Uberior Special Situations Limited which has 1,472,810 voting rights (0.274%).

GSAM Holdings LLC (Controlled by The Goldman Sachs Group, Inc.);

Goldman Sachs Asset Management, L.P. (Controlled by GSAM Holdings LLC);

Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.);

Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.);

Goldman Sachs International (Controlled by Goldman Sachs Group UK Limited);

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:

Please note, total amount of voting rights have been rounded to 3 decimal places therefore there is a possibility of a rounding error.

General email contact:

[email protected]

14. Contact name:

Peter Chisholm

15. Contact telephone number:

+44 207 051 9612