Cobham Regulatory News (COB)

(a) Name of exempt principal trader:

J.P. Morgan Securities Plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Cobham plc

(c) Name of the party to the offer with which exempt principal trader is connected:

Joint Financial Advisor and Corporate Broker to Cobham PLC

(d) Date dealing undertaken:

10 September 2019

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

If it is a cash offer or possible cash offer, state "N/A"

N/A

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

Ordinary Share

Purchase

Sale

15,913,742

17,952,661

1.6000 GBP

1.6002 GBP

1.5550 GBP

1.5545 GBP

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

Ordinary Share

Equity Swap

Long

Short

100,000

37,500

35,350

3,873

1,098,227

13,401

2,001

99,520

55,002

46,287

26,917

702

3,646

65,785

156

500,000

128,048

7,820

2,574

99,483

10,430

2,000,000

235,741

62,584

7,213,800

1,127

55,800

1.5611 GBP

1.5618 GBP

1.5620 GBP

1.5621 GBP

1.5633 GBP

1.5660 GBP

1.5664 GBP

1.5731 GBP

1.5801 GBP

1.5946 GBP

1.5977 GBP

1.5985 GBP

1.5989 GBP

1.5550 GBP

1.5600 GBP

1.5601 GBP

1.5605 GBP

1.5608 GBP

1.5615 GBP

1.5660 GBP

1.5815 GBP

1.5892 GBP

1.5922 GBP

1.5935 GBP

1.5950 GBP

1.5985 GBP

1.5987 GBP

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

Ordinary Share

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable)

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

None

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

11 September 2019

Alwyn Basch

020 7742 7407