TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

Debenhams plc

2. Reason for the notification  

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

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

Sports Direct International plc

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

N/a

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

14 January 2014

6. Date on which issuer notified:

15 January 2014

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

3%, 4%, 5% and 6%

8. Notified details:

Class/type of shares

ISIN: GB00B126KH97

A: Voting rights attached to shares

N/A

B: Financial Instruments

N/A

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

Resulting situation after the triggering transaction:

Type of financial instrument:

Put option over ordinary shares (ISIN:GB00B126KH97)

Expiration dates:

14 January 2015

28 January 2015

11 February 2015

25 February 2015

12 March 2015

Number of voting rights instrument refers to: 81,224,081

% of voting rights: 6.62% nominal

Total A+B+C

Number of voting rights 81,224,081

Percentage of voting rights 6.62%

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

n/a

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/Telephone Number:

Paul Eardley

Company Secretary

Telephone 0207 408 4444