Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer GCP Student Living plcof existing shares to which voting rights are attached: (B8460Z4) 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 whichmay result in the acquisition of shares already issued to which votingrights are attached An acquisition or disposal of instruments with similar economic effectto qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): Issue of shares x 3. Full name of person(s) subject tothe notification obligation: Smith and Williamson Holdings Limited 4. Full name of shareholder(s)(if different from 3.): As detailed in Section 9. 5. Date of the transaction and dateon which the threshold is crossed orreached: 29.05.2014 6. Date on which issuer notified: 06.06.2014 7. Threshold(s) that is/are crossedor reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type Situation previous Resulting situation after the triggeringof to the triggering transactionshares transaction if possible Number Number Number Number of voting % of voting rightsusing of of of shares rightsthe ISIN Shares VotingCODE Rights Direct Direct Indirect Direct Indirect GB00B8460Z43Ordinary 3,952,850 5.64% 3,952,850 3.60% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date Conversion Period rights that may be rights 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 Expiration Exercise/ Number of voting % of votingfinancial price date Conversion rights instrument rightsinstrument period refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 3,952,850 3.60% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Smith & Williamson Nominees Limited, a subsidiary of Smith & WilliamsonInvestment Services Limited, subsidiary of Smith & Williamson Holdings Limited- 3,802,850 shares. BNP Paribas as custodian for Smith & Williamson Investment Services Limited, asubsidiary of Smith & Williamson Holdings Limited - 50,000 shares. Royal Bank of Scotland as custodian for Smith & Williamson Fund AdministrationLimited, subsidiary of Smith & Williamson Investment Services Limited asubsidiary of Smith & Williamson Holdings Limited - 100,000 shares. Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder willcease to hold: 12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information: 14. Contact name: 15. Contact telephone number: