Costain Regulatory News (COST)

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

COSTAIN GROUP PLC

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):

As part of the internal reorganisation, 100% of the shares in York Place Limited were transferred from UEM Builders Berhad to UEM Group Berhad on 8 December 2015. Consequently, UEM Builders Berhad is no longer an indirect holder of shares in Costain Group PLC.

X

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

UEM Group Berhad

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

Vidacos Nominees Limited (designation BJB for York Place Limited)

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

8 December 2015

6. Date on which issuer notified:

8 December 2015

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

13.53%

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

13,810,850

13,810,850

13,810,850

13.53

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

13,810,850

13.53%

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

York Place Limited (direct holder of shares in Costain Group PLC) is a wholly owned subsidiary of UEM Group Berhad.

Proxy Voting:

10. Name of the proxy holder:

N/A

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

N/A

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

N/A

13. Additional information:

As part of an internal reorganisation, the shares in York Place Limited were transferred from UEM Builders Berhad to UEM Group Berhad on 8 December 2015.

14. Contact name:

Ms How Seet Meng

15. Contact telephone number:

+603-2727 6886