TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES - London Stock Exchange

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Page 1 5 Regulatory Story Go to market news section Company TIDM Headline Released Ashley (Laura) Hldgs PLC ALY TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 12:02 31-Jan-2014 9985Y12 RNS : 9985Y Ashley (Laura) Hldgs PLC 31 January 2014 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i 1. Identity the issuer or the underlying issuer existing shares to which voting rights are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): Laura Ashley Holdings An acquisition or disposal voting rights Yes An acquisition or disposal qualifying financial instruments which may result in the acquisition shares already issued to which voting rights are attached An acquisition or disposal instruments with similar economic effect to qualifying financial instruments An event changing the breakdown voting rights Other (please specify): 3. Full name person(s) subject to the notification obligation: iii Ruffer LLP (for its discretionary clients) 4. Full name shareholder(s) (if different from 3.): iv 5. Date the transaction and date on which the threshold is crossed or reached: v 29 January 2014 6. Date on which issuer notified: 30 January 2014 7. Threshold(s) that is/are crossed or reached: vi, vii 5% to less than 5%

Page 2 5

Page 3 5 8. Notified details: A: Voting rights attached to shares Class/type shares if possible using the ISIN CODE Situation previous to the triggering transaction Shares Voting Rights viii, ix shares voting rights % voting rights x Direct Direct xi Indirect xii Direct Indirect GB0000533728 36,612,342 36,612,342 35,612,342 35,612,342 - Less than 5% - B: Qualifying Financial Instruments Type financial instrument Expiration date xiii Exercise/ Conversion Period xiv voting rights that may be acquired if the instrument is exercised/ converted. % voting rights C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Type financial instrument Exercise price Expiration date xvii Exercise/ Conversion period xviii voting rights instrument refers to % voting rights xix, xx Nominal Delta Total (A+B+C) voting rights Percentage voting rights 35,612,342 Less than 5%

Page 4 5

Page 5 5 9. Chain controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi N/A Proxy Voting: 10. Name the proxy holder: N/A 11. voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: Ruffer LLP now controls the voting rights over 35,612,342 shares (less than 5% the voting rights) Laura Ashley Holdings which are held by Ruffer LLP's discretionary clients. This change from 5% to less than 5% is due to the sale 1,000,000 shares on 29 January 2014. 14. Contact name: Louise Stanway 15. Contact telephone number: 020 7963 8146 This information is provided by RNS The company news service from the London Stock Exchange END HOLBBGDBLUXBGSB CLOSE FINANCIAL PUBLICATIONS PROVIDED BY DIANOMI Investing for Income Get a free guide to investing for income Request Free Guide Share Tips Revealed: Shares that could soar in 2014 Download FREE Report Top Shares Tips for 2014 The experts tips for 2014 Request free report London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply. 2013 London Stock Exchange plc. All rights reserved TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES - RNS