NOTIFICATION OF MAJOR INTEREST IN SHARES

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

JUST EAT PLC

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

An acquisition or disposal of voting rights

X (by distribution of shares to its Limited Partners (see "Other" below)

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):

A distribution of assets (comprising shares in Just Eat plc) by Index Ventures V, LP to its underlying Limited Partners none of whom will receive shares representing more than 0.16% of Just Eat plc in the distribution

X

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

INDEX VENTURES V (JERSEY), LP

4. Full name of shareholder(s)

(if different from 3.):iv

N/A

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

18 MARCH 2016

6. Date on which issuer notified:

22 MARCH 2016

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

6%, 5%

  8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares

if possible using the 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

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00BKX5CN86

42,848,600

42,848,600

32,166,638

32,166,638

N/A

4.76

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

N/A

N/A

N/A

N/A

N/A

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

xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

32,166,638

4.76%

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

  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:

N/A

14. Contact name:

GILES JOHNSTONE-SCOTT

15. Contact telephone number:

01534 504343