Holding(s) in Company

For filings with the FCA 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 issuer                       LMS Capital Plc
of existing shares to which voting rights are                                           
attached:ii                                                                             
                                                                                        
2. Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            Y
                                                                                        
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                                Schroders plc   
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                         23/07/2013    
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                         24/07/2013    
                                                                                        
7. Threshold(s) that is/are crossed or                                    Below 10%     
reached: vi, vii                                                                        
                                                                                        


8. Notified details:                                                                                                     
A: Voting rights attached to shares viii, ix                                                                             
Class/type   Situation previous            Resulting situation after the triggering transaction            
of           to the triggering                                                                                          
shares       transaction                                                                                                
                                                                                                                        
             Number          Number        Number       Number of voting          % of  voting rightsx
if possible  of              of            of shares    rights                                               
using        Shares          Voting                                                                            
the ISIN                     Rights        Direct       Direct xi    Indirect     Direct   Indirect     
CODE                                                                      xii                             
                                                                                                                        
  Ordinary                                                                                                              
             29,551,464      24,546,277    23,707,857    N/A         19,703,707   N/A       8.709%   

GB00B12MHD28                                                                                                             
                                                                                                                         
                                                                                                                       
B: Qualifying Financial Instruments                                                                                      
Resulting situation after the triggering transaction                                                                     
Type of        Expiration         Exercise/                    Number of voting                  % of voting   
financial      date xiii          Conversion Period xiv        rights that may be                rights        
instrument                                                     acquired if the                                     
                                                               instrument is                                       
                                                                exercised/ converted.                                
                                                                                             
                                                                                                                         
                                                                                                                         
C: Financial Instruments with similar economic effect to Qualifying Financial                                            
Instruments xv, xvi                                                                                                      
Resulting situation after the triggering transaction                                                                     
Type of       Exercise price        Expiration date Exercise/    Number of voting rights instrument  % of voting rights
financial                           xvii            Conversion   refers to                           xix, xx          
instrument                                          period xviii                                                       
                                                                                                                         
                                                                                                                         
                                                                                                     Nominal Delta       
                                                                                                          
Total (A+B+C)                                                                                                            
Number of voting rights                    Percentage of voting rights                               

    19,703,707                                        8.709%                          
                                                                                                                         
 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
Cazenove Capital Management Limited                          333,406           0.147%  
                                                                                        
Schroder Investment Management Limited                    18,423,021           8.143%      
                                                                                        
Schroder Investment Management North America Limited         947,280           0.419%  
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                              The shares referred to in section 9 are held in portfolios
13. Additional information:   managed by those firms on a discretionary basis for       
                              clients under investment management agreements.           
                                                                                        
                                                                                        
14. Contact name:                                    Laura Whelan                       
                                                                                        
15. Contact telephone number:                      [phone]