TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

POUNDLAND 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 the

notification obligation: iii

FMR LLC

4. Full name of shareholder(s)

 (if different from 3.):iv

See Section 9

5. Date of the transaction and date on

which the threshold is crossed or

reached: v

11 August 2015

6. Date on which issuer notified:

12 August 2015

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

reached: vi, vii

10%

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

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB00BJ34VB96

24,903,995

24,903,995

25,000,000

25,000,000

10.00

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

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

25,000,000

10.00%

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:

FIL Limited

11. Number of voting rights proxy holder will acquire:

96,005

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

11 August 2015

13. Additional information:

None

14. Contact name:

Sally-Ann Hatton

15. Contact telephone number:

[email protected], 01737 837148