Holding(s) in Company

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are

attachedii:

Pearson PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

X

An event changing the breakdown of voting rights

Other (please specify)iii

3. Details of person subject to the notification obligationiv

Name

The Goldman Sachs Group, Inc.

City and country of registered office (if applicable)

Corporation Trust Center, 1209 Orange Street,

Wilmington DE 19801, USA

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

Name

Goldman Sachs International

City and country of registered office (if applicable)

Peterborough Court, 133 Fleet Street, London

EC4A 2BB, UK

5. Date on which the threshold was crossed or reachedvi:

12/02/2019

6. Date on which issuer notified (DD/MM/YYYY):

14/02/2019

7. Total positions of person(s) subject to the notification obligation

% of voting rights

attached to shares (total of 8. A)

% of voting rights through financial

instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of

issuervii

Resulting situation on the date on which threshold was crossed or reached

0.78%

6.24%

7.01%

781,409,422

Position of previous notification (if

applicable)

0.54%

6.11%

6.65%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB0006776081

5,582,213

0.71%

US7050151056

475,602

0.06%

SUBTOTAL 8. A

6,057,815

0.78%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial

instrument

Expirationdatex

Exercise/Conversion

Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

Securities Lending

Open

9,507,886

1.22%

Put Option

15-Feb-2019

1,500,000

0.19%

Put Option

15-Feb-2019

1,000,000

0.13%

Put Option

15-Mar-2019

1,000,000

0.13%

Put Option

15-Mar-2019

1,000,000

0.13%

Put Option

15-Mar-2019

1,000,000

0.13%

SUBTOTAL 8. B 1

15,007,886

1.92%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

Refer to

Annexure

SUBTOTAL 8.B.2

33,747,026

4.32%

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial

instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

The Goldman Sachs Group, Inc.

Goldman Sachs (UK) L.L.C.

Goldman Sachs Group UK Limited

Goldman Sachs

International

5.03%

5.16%

The Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC

The Goldman Sachs Group, Inc.

GSAM Holdings LLC

Goldman Sachs Asset Management, L.P.

Goldman Sachs Asset Management International Holdings L.L.C.

Goldman Sachs Asset Management Co., Ltd.

The Goldman Sachs Group, Inc.

GSAM Holdings LLC

Goldman Sachs Asset Management, L.P.

10. In case of proxy voting, please identify:

Name of the proxy holder

N/A

The number and % of voting rights held

N/A

The date until which the voting rights will be held

N/A

11. Additional informationxvi

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]

Place of completion

London

Date of completion

14/02/2019

Annexure

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration datex

Exercise/Conversion periodxi

Physical or cash settlementxii

Number of voting rights

% of voting rights

CFD

15-Sep-2028

Cash

3,347,875

0.43%

CFD

10-Dec-2025

Cash

2,650,131

0.34%

CFD

23-Sep-2020

Cash

1,834,093

0.23%

CFD

20-Oct-2027

Cash

1,595,600

0.20%

CFD

4-Dec-2023

Cash

1,578,008

0.20%

CFD

7-Feb-2024

Cash

1,240,000

0.16%

Swap

28-Jul-2021

Cash

1,050,699

0.13%

CFD

14-Feb-2024

Cash

970,000

0.12%

CFD

12-Feb-2024

Cash

865,494

0.11%

CFD

26-Jan-2024

Cash

865,000

0.11%

Swap

28-Jul-2021

Cash

757,148

0.10%

CFD

17-Jul-2020

Cash

667,745

0.09%

CFD

29-Jan-2024

Cash

663,999

0.08%

CFD

9-Sep-2021

Cash

528,729

0.07%

CFD

31-Jan-2029

Cash

445,560

0.06%

CFD

14-Feb-2024

Cash

419,554

0.05%

CFD

9-Feb-2024

Cash

406,520

0.05%

CFD

6-Dec-2028

Cash

381,736

0.05%

CFD

18-Jan-2029

Cash

378,017

0.05%

CFD

15-Jul-2021

Cash

328,703

0.04%

CFD

16-Jun-2028

Cash

328,703

0.04%

CFD

20-Oct-2027

Cash

323,881

0.04%

CFD

20-Oct-2027

Cash

318,910

0.04%

Swap

30-Nov-2023

Cash

300,000

0.04%

CFD

24-Mar-2028

Cash

259,000

0.03%

CFD

4-Dec-2023

Cash

251,216

0.03%

Swap

3-Feb-2023

Cash

250,801

0.03%

CFD

12-Jul-2023

Cash

250,746

0.03%

Swap

29-Nov-2023

Cash

250,000

0.03%

CFD

19-May-2027

Cash

230,013

0.03%

CFD

4-Dec-2023

Cash

228,893

0.03%

Swap

29-Nov-2023

Cash

225,000

0.03%

Swap

18-Jan-2024

Cash

222,460

0.03%

CFD

27-Sep-2028

Cash

217,594

0.03%

CFD

23-Aug-2028

Cash

204,000

0.03%

Swap

28-Jul-2021

Cash

203,317

0.03%

CFD

21-Jun-2028

Cash

198,869

0.03%

Swap

2-Feb-2023

Cash

198,606

0.03%

Swap

18-Jan-2024

Cash

183,004

0.02%

Call Option

16-Apr-2019

Cash

180,353

0.02%

Swap

21-May-2019

Cash

177,447

0.02%

Swap

28-Jul-2021

Cash

170,231

0.02%

CFD

18-Jan-2029

Cash

170,000

0.02%

CFD

31-Jan-2029

Cash

166,473

0.02%

Call Option

9-Apr-2019

Cash

159,344

0.02%

Swap

1-Feb-2024

Cash

155,100

0.02%

CFD

9-Sep-2021

Cash

152,746

0.02%

CFD

18-Jan-2029

Cash

152,120

0.02%

CFD

25-Jan-2029

Cash

152,120

0.02%

Call Option

7-May-2019

Cash

144,958

0.02%

CFD

31-Jan-2024

Cash

136,001

0.02%

CFD

17-Jan-2029

Cash

135,485

0.02%

CFD

22-Nov-2028

Cash

134,667

0.02%

Swap

28-Jul-2021

Cash

131,070

0.02%

Swap

17-Sep-2020

Cash

123,752

0.02%

CFD

2-Feb-2029

Cash

122,404

0.02%

CFD

10-Mar-2028

Cash

122,203

0.02%

CFD

18-Jan-2029

Cash

118,983

0.02%

Swap

3-Feb-2023

Cash

117,797

0.02%

CFD

31-Jan-2029

Cash

115,429

0.01%

CFD

25-Feb-2027

Cash

115,007

0.01%

Swap

22-Mar-2019

Cash

113,300

0.01%

Call Option

17-Apr-2019

Cash

112,099

0.01%

CFD

19-Jan-2029

Cash

110,000

0.01%

CFD

15-Feb-2022

Cash

107,000

0.01%

Swap

18-Jan-2024

Cash

106,899

0.01%

Call Option

8-May-2019

Cash

105,374

0.01%

CFD

4-Dec-2023

Cash

102,090

0.01%

Swap

18-Jan-2024

Cash

101,869

0.01%

CFD

18-Jan-2029

Cash

100,000

0.01%

CFD

12-Jun-2028

Cash

98,591

0.01%

Swap

2-Feb-2023

Cash

93,281

0.01%

Swap

29-Nov-2023

Cash

91,988

0.01%

Swap

14-Jun-2023

Cash

86,565

0.01%

CFD

8-Feb-2024

Cash

86,367

0.01%

CFD

31-Jan-2029

Cash

85,399

0.01%

Swap

12-Jul-2023

Cash

84,590

0.01%

CFD

31-Jan-2029

Cash

83,905

0.01%

CFD

26-Nov-2021

Cash

80,948

0.01%

CFD

11-Aug-2023

Cash

80,529

0.01%

CFD

18-Jan-2029

Cash

80,000

0.01%

CFD

18-Jan-2029

Cash

75,000

0.01%

Swap

7-Jul-2023

Cash

73,094

0.01%

CFD

17-Jul-2028

Cash

71,500

0.01%

Swap

3-Feb-2023

Cash

68,758

0.01%

Swap

29-Nov-2023

Cash

65,026

0.01%

CFD

20-Oct-2021

Cash

64,000

0.01%

Swap

18-Jan-2024

Cash

62,356

0.01%

CFD

9-Feb-2029

Cash

60,475

0.01%

CFD

19-Jan-2029

Cash

60,000

0.01%

Swap

18-Jan-2024

Cash

59,338

0.01%

CFD

5-Nov-2027

Cash

59,199

0.01%

Swap

15-Jun-2023

Cash

57,709

0.01%

Swap

5-Sep-2019

Cash

55,700

0.01%

CFD

4-Dec-2023

Cash

54,900

0.01%

Swap

2-Feb-2023

Cash

54,448

0.01%

Swap

5-Sep-2019

Cash

53,400

0.01%

CFD

4-Dec-2023

Cash

50,954

0.01%

CFD

19-Jan-2029

Cash

50,000

0.01%

CFD

1-Mar-2028

Cash

48,879

0.01%

CFD

18-Jan-2029

Cash

47,880

0.01%

CFD

25-Jan-2029

Cash

47,880

0.01%

CFD

2-Feb-2029

Cash

45,733

0.01%

CFD

25-Jan-2029

Cash

45,600

0.01%

CFD

10-Mar-2028

Cash

43,715

0.01%

Swap

1-Feb-2023

Cash

43,214

0.01%

CFD

9-Feb-2029

Cash

42,813

0.01%

CFD

17-Jul-2020

Cash

41,727

0.01%

Swap

14-Jun-2023

Cash

40,052

0.01%

Swap

12-Jul-2023

Cash

37,897

0.005%

CFD

17-Nov-2028

Cash

36,622

0.005%

CFD

21-Jul-2028

Cash

34,000

0.004%

CFD

25-Apr-2019

Cash

33,191

0.004%

CFD

2-Feb-2029

Cash

33,056

0.004%

Swap

7-Jul-2023

Cash

32,746

0.004%

CFD

14-Feb-2029

Cash

32,485

0.004%

CFD

31-Jan-2029

Cash

31,908

0.004%

CFD

31-Jan-2029

Cash

31,349

0.004%

CFD

14-Jul-2023

Cash

30,500

0.004%

Swap

12-Jun-2023

Cash

30,225

0.004%

CFD

17-Jul-2023

Cash

29,700

0.004%

CFD

25-Apr-2019

Cash

29,469

0.004%

Call Option

12-Mar-2019

Cash

29,198

0.004%

CFD

1-Mar-2028

Cash

28,604

0.004%

CFD

14-Feb-2029

Cash

27,575

0.004%

Swap

15-Jun-2023

Cash

26,702

0.003%

CFD

6-Jul-2023

Cash

25,488

0.003%

CFD

18-Sep-2019

Cash

24,830

0.003%

CFD

25-Apr-2019

Cash

24,541

0.003%

CFD

26-Nov-2021

Cash

24,179

0.003%

Swap

14-Jun-2023

Cash

23,383

0.003%

CFD

9-Feb-2029

Cash

22,595

0.003%

Swap

11-Feb-2020

Cash

22,499

0.003%

Swap

12-Jul-2023

Cash

22,173

0.003%

CFD

31-Jan-2029

Cash

22,124

0.003%

CFD

31-Jan-2029

Cash

21,737

0.003%

CFD

24-Jan-2029

Cash

21,600

0.003%

Swap

1-Feb-2023

Cash

20,297

0.003%

CFD

25-Apr-2019

Cash

19,385

0.002%

Swap

7-Jul-2023

Cash

19,160

0.002%

CFD

23-Nov-2028

Cash

17,711

0.002%

Call Option

8-Mar-2019

Cash

17,009

0.002%

CFD

9-Feb-2029

Cash

16,930

0.002%

Call Option

5-Mar-2019

Cash

16,762

0.002%

Swap

17-Sep-2020

Cash

16,742

0.002%

Call Option

7-May-2019

Cash

16,212

0.002%

Swap

28-Mar-2019

Cash

16,200

0.002%

Swap

22-May-2020

Cash

16,129

0.002%

CFD

9-Feb-2029

Cash

15,996

0.002%

CFD

4-Dec-2023

Cash

15,819

0.002%

Swap

30-Apr-2019

Cash

15,800

0.002%

Swap

4-Feb-2022

Cash

15,710

0.002%

CFD

17-Jan-2029

Cash

15,700

0.002%

Swap

15-Jun-2023

Cash

15,589

0.002%

CFD

11-Nov-2020

Cash

15,090

0.002%

CFD

17-Jul-2023

Cash

14,800

0.002%

Swap

31-Dec-2019

Cash

14,300

0.002%

Swap

12-Jun-2023

Cash

13,985

0.002%

Swap

4-Feb-2022

Cash

13,826

0.002%

Swap

4-Feb-2022

Cash

13,507

0.002%

Swap

3-Nov-2021

Cash

12,609

0.002%

Call Option

6-Mar-2019

Cash

12,580

0.002%

CFD

9-Feb-2029

Cash

12,562

0.002%

CFD

14-Feb-2029

Cash

12,137

0.002%

CFD

9-Feb-2029

Cash

11,984

0.002%

Swap

1-Feb-2023

Cash

11,847

0.002%

Swap

31-Dec-2019

Cash

10,900

0.001%

CFD

28-Oct-2020

Cash

10,812

0.001%

Swap

6-Mar-2020

Cash

10,500

0.001%

CFD

14-Feb-2029

Cash

10,303

0.001%

Call Option

12-Apr-2019

Cash

9,738

0.001%

Call Option

25-Feb-2019

Cash

9,570

0.001%

CFD

14-Jan-2021

Cash

9,358

0.001%

CFD

14-Jan-2021

Cash

9,153

0.001%

CFD

14-Feb-2029

Cash

9,094

0.001%

Swap

12-Feb-2020

Cash

8,429

0.001%

Swap

12-Jun-2023

Cash

8,165

0.001%

Swap

11-Feb-2020

Cash

7,757

0.001%

CFD

14-Feb-2029

Cash

7,720

0.001%

Call Option

10-Apr-2019

Cash

7,436

0.001%

CFD

25-Jan-2029

Cash

7,400

0.001%

CFD

7-Feb-2029

Cash

7,263

0.001%

CFD

1-Feb-2029

Cash

6,777

0.001%

Swap

22-May-2020

Cash

6,507

0.001%

Swap

22-May-2020

Cash

6,153

0.001%

Call Option

4-Apr-2019

Cash

5,643

0.001%

CFD

1-Feb-2029

Cash

5,100

0.001%

CFD

9-Feb-2029

Cash

5,085

0.001%

CFD

15-Dec-2027

Cash

5,000

0.001%

CFD

8-Mar-2028

Cash

5,000

0.001%

CFD

12-May-2028

Cash

5,000

0.001%

Swap

22-May-2020

Cash

4,774

0.001%

CFD

9-Feb-2029

Cash

4,694

0.001%

CFD

1-Feb-2029

Cash

4,600

0.001%

CFD

4-Feb-2022

Cash

4,300

0.001%

Call Option

19-Feb-2019

Cash

3,995

0.001%

CFD

9-Feb-2029

Cash

3,966

0.001%

Swap

22-May-2020

Cash

3,941

0.001%

CFD

25-Jan-2029

Cash

3,641

0.0005%

Swap

3-Nov-2021

Cash

3,634

0.0005%

CFD

9-Feb-2029

Cash

3,517

0.0005%

Swap

22-May-2020

Cash

3,050

0.0004%

Swap

12-Feb-2020

Cash

2,916

0.0004%

Swap

22-May-2020

Cash

2,857

0.0004%

Swap

3-Nov-2021

Cash

2,556

0.0003%

CFD

14-Feb-2024

Cash

2,500

0.0003%

Swap

4-Feb-2022

Cash

2,470

0.0003%

Call Option

22-Feb-2019

Cash

2,461

0.0003%

CFD

28-Oct-2020

Cash

2,350

0.0003%

CFD

28-Oct-2020

Cash

2,350

0.0003%

CFD

16-Feb-2022

Cash

2,276

0.0003%

Swap

3-Nov-2021

Cash

2,214

0.0003%

CFD

9-Feb-2029

Cash

1,900

0.0002%

CFD

14-Feb-2029

Cash

1,786

0.0002%

Swap

22-May-2020

Cash

1,768

0.0002%

CFD

9-Feb-2029

Cash

1,424

0.0002%

CFD

8-Feb-2029

Cash

1,400

0.0002%

Call Option

12-Mar-2019

Cash

1,301

0.0002%

CFD

5-Feb-2029

Cash

1,226

0.0002%

CFD

14-Feb-2029

Cash

1,200

0.0002%

CFD

31-Jan-2029

Cash

1,000

0.0001%

CFD

7-Feb-2029

Cash

908

0.0001%

Call Option

8-Apr-2019

Cash

745

0.0001%

CFD

14-Feb-2029

Cash

700

0.0001%

CFD

7-Feb-2029

Cash

646

0.0001%

CFD

22-Jan-2029

Cash

600

0.0001%

Swap

22-May-2020

Cash

461

0.0001%

Swap

22-May-2020

Cash

419

0.0001%

CFD

14-Feb-2029

Cash

405

0.0001%

Swap

22-May-2020

Cash

329

0.00004%

Swap

22-May-2020

Cash

323

0.00004%

CFD

14-Feb-2029

Cash

316

0.00004%

CFD

14-Feb-2029

Cash

295

0.00004%

CFD

19-Jan-2029

Cash

207

0.00003%

CFD

1-Feb-2029

Cash

200

0.00003%

CFD

12-Feb-2029

Cash

200

0.00003%

Call Option

22-Feb-2019

Cash

84

0.00001%

Swap

4-Mar-2020

Cash

23

0.000003%

Call Option

22-Feb-2019

Cash

23

0.000003%

Total Number of voting rights and percentage of voting rights

33,747,026

4.32%

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.