Holding(s) in Company

RNS Number : 5213N

Next PLC

28 September 2012

For filings with the FSA 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 of existing shares to which voting rights are attached: ⁱⁱ		Next 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			ü
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 attached schedule
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	27^th September 2012
6. Date on which issuer notified:	28^th September 2012
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	14%

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

GB0032089863

22,989,344

14.00

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

22,989,344

14.00

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

Custodian	Total	Management Company
BROWN BROTHERS HARRIMAN AND CO	16,816,900	PGATC-PYRAMIS GLOBAL ADVISORS TRUST COMPANY
CIBC MELLON TRUST (C)	305,100	PGALLC-PYRAMIS GLOBAL ADVISORS, LLC.
JPMORGAN CHASE BANK	3,973,200	FMR UK-FIDELITY MANAGEMENT & RESEARCH (U.K.) INC.
MELLON BANK NA (C)	28,900	PGATC-PYRAMIS GLOBAL ADVISORS TRUST COMPANY
NATIONAL BANK TRUST (C)	7,800	PGALLC-PYRAMIS GLOBAL ADVISORS, LLC.
NORTHERN TRUST CO (C)	590,444	FMRC-FIDELITY MANAGEMENT & RESEARCH COMPANY INC.
ROYAL TRUST- TORONTO (C)	26,100	PGALLC-PYRAMIS GLOBAL ADVISORS, LLC.
STATE STREET BANK AND TR CO	1,232,900	FMRC-FIDELITY MANAGEMENT & RESEARCH COMPANY INC.
US BANK NA (C)	8,000	FIIS-FIIS - FIDELITY INVESTMENTS INSTITUTIONAL SERVICES CO, INC
Grand Total	22,989,344