Holding(s) in Company

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

Rexam Plc

GB00BMHTPY25

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

n/a

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

n/a

An event changing the breakdown of voting rights

n/a

Other (please specify):

n/a

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

UBS Investment Bank

UBS Group AG

4. Full name of shareholder(s)

(if different from 3.): iv

UBS AG London Branch

UBS Limited

UBS Securities LLC

5. Date of the transaction and date on which the threshold is crossed or reached: v

3 December 2015

6. Date on which issuer notified:

7 December 2015

7. Threshold(s) that is/are crossed or

reached: vi, vii

4% (Section A)

5%(Section A+B+C)

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

GB00BMHTPY25

No

Previous

Disclosure

No

Previous

Disclosure

-

-

30,627,270

-

4.34%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/ConversionPeriod xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

Right to recall lent shares

-

Any time

5,372,676

0.76%

US7616556046

-

-

1,000

0.0001%

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exerciseprice

Expirationdate xvii

Exercise/Conversionperiod xviii

Number of votingrights instrumentrefers to

% of voting rights xix, xx

-

-

-

-

-

Nominal

Delta

 -

-

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 36,000,946

5.10%

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

UBS Group AG is a group holding company for UBS Investment Bank business. Voting rights are held through its controlled undertakings as set out below.

UBS AG:

directly through its branches: UBS AG London Branch - 34,959,305 (4.96%)

indirectly through its subsidiaries: UBS Limited - 1,040,641 (0.15%)

indirectly through its subsidiaries: UBS Securities LLC - 1,000 (0.0001%)

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:

 Konstantina Georgaki / Akvile Budrikaite

15. Contact telephone number:

 +41 44 239 4071