Financial Services Authority
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------------------------------------+
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | |
|of existing shares to which voting rights are | Stagecoach Group Plc |
|attached: | |
| | |
+----------------------------------------------+-------------------------------+
|2. Reason for the notification (please tick the appropriate box or boxes): |
+--------------------------------------------------------------------+---------+
|An acquisition or disposal of voting rights | Yes |
+--------------------------------------------------------------------+---------+
| | |
|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 | Legal & General Group Plc (L&G) |
|notification obligation: | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | N/A |
|(if different from 3.): | |
+--------------------------------------+---------------------------------------+
| | |
|5. Date of the transaction and date on| 04 May 2012 |
|which the threshold is crossed or | |
|reached: | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 08 May 2012 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| |
|reached: | L&G (Below 3%) |
| | |
+--------------------------------------+---------------------------------------+
+------------------------------------------------------------------------------+
|8. Notified details: |
| |
+------------------------------------------------------------------------------+
|A: Voting rights attached to shares |
+-----------+-----------------------+------------------------------------------+
|Class/type | Situation previous | Resulting situation after the triggering |
|of | to the triggering | transaction |
|shares | transaction | |
| +----------+------------+----------+---------------+---------------+
|if possible| Number | Number | | Number of | % of voting |
|using | of | of | Number | voting | rights |
|the ISIN | Shares | Voting |of shares | rights | |
|CODE | | Rights | +------+--------+------+--------+
| | | | |Direct|Indirect|Direct|Indirect|
+-----------+----------+------------+----------+------+--------+------+--------+
|ORD GBP | 28,737,639 | |
|0.0098 | | Below 3% |
| | (As on 01/05/2009) | |
+-----------+-----------------------+------------------------------------------+
+------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+-----------+---------------------+----------------+-------------+
| | | |Number of voting| |
|Type of |Expiration |Exercise/ |rights that may |% of voting |
|financial |date |Conversion Period |be |rights |
|instrument | | |acquired if the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+-------------+-----------+---------------------+----------------+-------------+
| | | | | |
+-------------+-----------+---------------------+----------------+-------------+
+------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+------------+---------+-----------+-----------+----------------+--------------+
| | | | | | |
|Type of|Exercise |Expiration |Exercise/ |Number of voting|% of voting|
|financial |price |date |Conversion |rights |rights |
|instrument | | |period |instrument | |
| | | | |refers to | |
| | | | | | |
+------------+---------+-----------+-----------+----------------+-------+------+
| | | | | |Nominal|Delta |
| | | | | +-------+------+
| | | | | | | |
+------------+---------+-----------+-----------+----------------+-------+------+
+------------------------------------------------------------------------------+
|Total (A+B+C) |
+------------------------------------+-----------------------------------------+
|Number of voting rights |Percentage of voting rights |
+------------------------------------+-----------------------------------------+
| |
| Below 3% |
| |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable: |
+------------------------------------------------------------------------------+
| |
|Legal & General Group Plc (Direct and Indirect) |
|(Group) |
| |
|Legal & General Investment Management |
|(Holdings) Limited (LGIMH) (Direct and |
|Indirect) |
| |
|Legal & General Investment Management Limited |
|(Indirect) (LGIM) |
| |
| Legal & General Group Plc (Direct) (L&G) (Below 3% = LGAS, LGPL & PMC) |
| |
|Legal & General Investment Legal & General Insurance Holdings Limited |
|Management (Holdings) Limited (Direct) (LGIH) |
|(Direct) (LGIMHD) |
| |
|Legal & General Assurance Legal & General Assurance Society Limited |
|(Pensions Management) Limited (LGAS & LGPL) |
| (PMC) |
| |
| Legal & General Pensions Limited (Direct) |
| (LGPL) |
| |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|Proxy Voting: |
+------------------------------------------------+-----------------------------+
|10. Name of the proxy holder: | N/A |
+------------------------------------------------+-----------------------------+
|11. Number of voting rights proxy holder will | N/A |
|cease | |
|to hold: | |
+------------------------------------------------+-----------------------------+
|12. Date on which proxy holder will cease to | N/A |
|hold | |
|voting rights: | |
+------------------------------------------------+-----------------------------+
+-----------------------------+------------------------------------------------+
| | Notification using the total voting rights |
|13. Additional information: | figure of 576,099,960 |
| | |
| | |
+-----------------------------+------------------------------------------------+
|14. Contact name: | Paul Toon (LGIM) |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:| 020 3124 3854 |
+-----------------------------+------------------------------------------------+
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Stagecoach Group PLC via Thomson Reuters ONE
[HUG#1610313]