CCSL.L Regulatory News (CCSL)

TR-1: Notification of Major Interest in Shares

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

Chenavari Capital Solutions 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):

Notification due to Babson Capital Management (BCM) name change to Barings LLC

x

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

Barings LLC

Baring Asset Management Limited ("BAM")

Baring Fund Managers Limited ("BFM")

Baring International Fund Managers (Ireland) Limited ("BIFMI")

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

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

12th September 2016

6. Date on which issuer notified:

 12th September 2016

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

N/A

8. Notified details:

Morgan Sharpe Administration Ltd

Old Bank Chambers, La Grande Rue,

St Martin's, Guernsey,

Channel Islands, GY4 6RT

Serena Tremlett & Melanie Torode

Serena@morgansharpe.com / Mel@morgansharpe.com

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

Numberof Voting

Rights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GG00BCHWW517

7,559,337 (BAM)

3,804,987 (BFM)

555,500 (BIFMI)

11,919,824 (Total)

7,559,337 (BAM)

3,804,987 (BFM)

555,500 (BIFMI)

11,919,824 (Total)

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

7,559,337 (BAM)

3,804,987 (BFM)

555,500 (BIFMI)

11,919,824 (Total)

N/A

N/A

N/A

N/A

5.80%

2.92%

0.43%

9.15%

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

7,559,337 (BAM)

3,804,987 (BFM)

555,500 (BIFMI)

11,919,824 (Total)

5.80%

2.92%

0.43%

9.15% (Total)

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

Barings LLC, Baring Asset Management Limited ("BAM"), Baring Fund Managers Limited ("BFM") and Baring International Fund Managers (Ireland) Limited ("BIFMI") - 11,919,824 (9.15%)

The percentage of holdings noted above is based on total voting rights of 130,300,000.

Baring Fund Managers Limited is wholly owned by Baring Asset Management Limited, which is wholly owned by MassMutual Holdings (Bermuda) Limited, which is wholly owned by MassMutual Baring Holding LLC, which is wholly owned by Barings LLC.

Baring International Fund Managers (Ireland) Limited is wholly owned by Baring International Investment Management Holdings Limited, which is wholly owned by Baring Asset Management UK Holdings Limited, which is wholly owned by Baring Asset Management Limited, which is wholly owned by MassMutual Holdings (Bermuda) Limited, which is wholly owned by MassMutual Baring Holding LLC, which is wholly owned by Barings LLC.

Proxy Voting:

10. Name of the proxy holder:

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

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

13. Additional information:

14. Contact name:

Alicia Mellon

Baring Asset Management Limited

15. Contact telephone number:

+44 2072141761