BC12.L Regulatory News (BC12)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Better Capital PCC Limited

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

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Aviva plc & its subsidiaries

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

Registered Holder:

Ord NPV (2009 cell)

BNY Norwich Union Nominees Limited 267,315*

Chase (GA Group) Nominees Limited 2,296,824*

Vidacos Nominees Limited 18,036*

* denotes direct interest

BNY (Nominees) Limited 24,318

Chase Nominess Limited 108,622

Ord NPV (2012 cell)

BNY Norwich Union Nominees Limited 1,631,944*

Chase (GA Group) Nominees Limited 15,160,607*

Vidacos Nominees Limited 124,750*

* denotes direct interest

BNY (Nominees) Limited 154,594

Chase Nominees Limited 2,176,106

Vidacos Nominees Limited 6,457,903

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

10th December 2014

6. Date on which issuer notified:

11th December 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

5% to

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ord NPV (2009 cell)GG00B5885941

Ord NPV (2012 cell)GG00B4N1RV71

11,715,924

26,031,456

12,999,989

25,432,732

 2,715,115

25,705,904

2,865,181

16,528,203

147,510

8,586,465

0.50%

2.91%

 0.03%

1.51%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

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

28,127,359

4.95%

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

The voting rights are managed and controlled by Aviva Investors Global Services Limited, with the following chain of controlled undertakings:-

Aviva Investors Global Services Limited:

· Aviva plc (Parent Company)

· Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

· Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)

· Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)

Proxy Voting:

10. Name of the proxy holder:

See Section 4

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

Figures are based on a revised total number of voting rights of 568,072,852 as per the company's Placing & Open Offer announcement on 13th August 2013.

14. Contact name:

Neil Whittaker, Aviva plc

15. Contact telephone number:

01603 684420