Notification of major interest in shares

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Carphone Warehouse Group Plc

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

An acquisition or disposal of voting rights

ü

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

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

An event changing the breakdown of voting rights

Other (please specify):

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

FMR LLC

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

See attached schedule

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

06 January 2011

6. Date on which issuer notified:

10 January 2011

7. Threshold(s) that is/are crossed orreached: vi, vii

10%

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

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB00B4Y7R145

44,812,824

44,812,824

48,016,290

48,016,290

10.50

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

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

% of votingrights

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

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

48,016,290

10.50

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

See attached schedule

Proxy Voting:

10. Name of the proxy holder:

FMR LLC

11. Number of voting rights proxy holder will acquire:

3,203,466

12. Date on which proxy holder will acquire voting rights:

06 January 2011

Issuer name:

 CARPHONE WAREHOUSE GROUP PLC

Current ownership percentage:

10.50%

Total shares held:

48,016,290

Issued share capital:

457,054,123

SHARES HELD

NOMINEE

MANAGEMENT COMPANY

FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), investment manager for US mutual funds, and FIL Management Trust

Company (FMTC) and Pyramis Global Advisors Trust Company (PGATC), a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts

and Pyramis Global Advisors LLC (PGALLC).

454,021

BANK OF NEW YORK

FMRCO

3,425,614

BROWN BROTHERS HARRIMAN AND CO

FMRCO

42,600

BROWN BROTHERS HARRIMAN AND CO

PTC

58,043

CIBC MELLON TRUST

FCL

1,419,949

CITIBANK NA

FMRCO

1,555,064

JP MORGAN CHASE BANK

FMR

34,854,895

JP MORGAN CHASE BANK

FMRCO

41,050

JP MORGAN CHASE BANK

FMTC

310,996

JPMORGAN CHASE BANK

PTC

297,512

MELLON BANK N.A.

FMRCO

187,581

MELLON BANK N.A.

FMTC

328,100

MELLON BANK N.A.

PTC

94,349

NORTHERN TRUST CO

FMRCO

149,120

NORTHERN TRUST CO

FMTC

303,850

STATE STREET BANK AND TR CO

FICL

48,919

STATE STREET BANK AND TR CO

FMR

2,545,215

STATE STREET BANK AND TR CO

FMRCO

772,512

STATE STREET BANK AND TR CO

FMTC

329,800

STATE STREET BANK AND TR CO

PTC

190,900

CIBC MELLON TRUST (C)

FCL

252,500

ROYAL TRUST-TORONTO

FCL

138,150

MELLON BANK NA (C)

PTC

47,050

BANK OF NEW YORK MELLON

PTC

106,200

NATIONAL BANK TRUST (C)

FCL

62,300

ROYAL TRUST- TORONTO (C)

FCL