Notification of Major Interes

1.

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

Home Retail Group plc

2.

Reason for notification:

An acquisition or disposal of voting rights

3.

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

AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies

4.

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

5.

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

9 September 2008

6.

Date on which issuer notified:

10 September 2008

7.

Threshold(s) that is/are crossed or reached:

12%

8.

Notified Details:

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

B19NKB7

123,101,426

123,101,426

17,787,512

17,787,512

105,157,832

2.03

11.98

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

122,945,344

14.01%

9.

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

Name of Company/Fund

Number of Shares

% of issued share capital

Alliance Capital Management

Direct

1,169,800

0.13332

AXA

Direct

1,781,541

0.20304

AXA Colonia Konzern

Direct

57,118

0.00651

AXA Colonia Konzern

Indirect

84,007

0.00957

AXA Financial, Inc.

Indirect

70,560,048

8.04153513

AXA Framlington

Indirect

19,171

0.00

AXA France

Indirect

36,621

0.004173595

AXA IM UK*

Direct

7,533,475

0.858569482

AXA IM UK*

Indirect

143,752

0.016383021

AXA Rosenberg

Direct

3,114,564

0.354958316

AXA Rosenberg

Indirect

34,314,233

3.910699014

AXA Winterthur

Direct

4,131,014

0.470800335

Total Direct

17,787,512

2.02719

Total Indirect

105,157,832

11.98455

TOTAL

122,945,344

14.01174

* AXA IM UK is a 100% direct subsidiary of AXA IM S.A., which is in turn indirectly wholly owned by AXA S.A.

Proxy Voting:

10.

Name of proxy holder:

Not applicable

11.

Number of voting rights proxy holder will cease to hold:

Not applicable

12.

Date on which proxy holder will cease to hold voting rights:

Not applicable

13.

Additional information:

Issuer contact details:

Mike Willis - Group Secretariat

Telephone: 01908 600905