Holding(s) in Company

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Debenhams plc

2. Reason for the notification  

An acquisition or disposal of voting rights

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

Bestinver Geston S.A. SGIIC

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

Several investment institutions and pension funds represented by Bestinver Gestion S.A. SGIIC

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

30th January 2014

6. Date on which issuer notified:

31st January 2014

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

5%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

Situation previous to the triggering transaction: 0 Ordinary shares of 0.01p each

Number of voting rights: 60,474,466

Resulting situation after the triggering transaction: 0 ordinary shares of 0.01p each

Number of voting rights Direct: 0, Indirect: 61,708,888

Percentage of voting rights Direct: 0, Indirect: 5.03%

B: Financial Instruments

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

N/A

Total A+B+C

Number of voting rights 61,708,888

Percentage of voting rights 5.03%

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

n/a

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:

14. Contact Name/Telephone Number:

Paul Eardley

Company Secretary

Telephone 0207 408 4444