TR-1: Notification of Major Interests in Shares

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

Carphone Warehouse Group plc

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

An acquisition or disposal of voting rights

√

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:

FMR LLC

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

See attached details

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

10 May 2011

6. Date on which issuer notified:

12 May 2011

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

11%

8. Notified details:

A: Voting rights attached to shares

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

Indirect

Direct

Indirect

Direct

Indirect

GB00B4Y7R145

50,195,807

50,195,807

50,487,907

50,487,907

11.04%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate

Exercise/Conversion Period

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

% of votingrights

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

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date

Exercise/Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

50,487,907

11.04%

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

See attached schedule

Proxy Voting:

10. Name of the proxy holder:

FMR LLC

11. Number of voting rights proxy holder will ceaseto hold:

292,100

12. Date on which proxy holder will cease to holdvoting rights:

10 May 2011

Issuer Name:

Carphone Warehouse Group plc

Current ownership percentage

11.04%

Total shares held:

50,487,907

Issued share capital:

457,054,122

SHARES HELD

NOMINEE

MANAGEMENT COMPANY

FMR LLC is the parent holding company of Fidelity Management & Research Company (FMRCO), investment manager for US mutual funds, FIL Management Trust Company (FMTC), 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 Pyramis Global Advisors LLC (PGALLC) and Pyramis Trust Company (PTC).

454,021

BANK OF NEW YORK

FMRCO

3,752,288

BROWN BROTHERS HARRIMAN AND CO

FMRCO

53,400

BROWN BROTHERS HARRIMAN AND CO

PTC

45,650

CIBC MELLON TRUST

FCL

1,419,949

CITIBANK NA

FMRCO

1,165,964

JP MORGAN CHASE BANK

FMR

36,470,833

JP MORGAN CHASE BANK

FMRCO

35,950

JP MORGAN CHASE BANK

FMTC

615,800

JP MORGAN CHASE BANK

PTC

297,512

MELLON BANK N.A.

FMRCO

182,381

MELLON BANK N.A.

FMTC

328,100

MELLON BANK N.A.

PTC

94,349

NORTHERN TRUST CO

FMRCO

199,120

NORTHERN TRUST CO

FMTC

315,950

STATE STREET BANK AND TR CO

FICL

48,919

STATE STREET BANK AND TR CO

FMR

2,840,715

STATE STREET BANK AND TR CO

FMRCO

656,512

STATE STREET BANK AND TR CO

FMTC

627,194

STATE STREET BANK AND TR CO

PTC

212,700

CIBC MELLON TRUST (C)

FCL

252,500

ROYAL TRUST-TORONTO

FCL

151,150

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

2,400

US BANK NA (C)

PTC

49,000

ROYAL BANK OF CANADA ©

PTC