Just Eat Regulatory News (JE.)

(a) Name of exempt principal trader:

UBS Investment Bank, London

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

Use a separate form for each offeror/offeree

Just Eat plc

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

Just Eat plc

(d) Date dealing undertaken:

30 December 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"

Yes,

Takeaway.com NV

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received

Lowest price per unit paid/received

1p ordinary

Buy

1164424

8.40800 GBP

8.34217 GBP

1p ordinary

Sell

1401832

8.40800 GBP

8.27170 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

1p ordinary

CFD

Long

338317

8.3835474 GBP

1p ordinary

CFD

Long

35469

8.384163 GBP

1p ordinary

CFD

Long

18079

8.3797522 GBP

1p ordinary

CFD

Long

41998

8.370012 GBP

1p ordinary

CFD

Long

100228

8.38340005 GBP

1p ordinary

CFD

Long

75000

8.271696 GBP

1p ordinary

CFD

Long

10391

8.366565 GBP

1p ordinary

CFD

Long

13840

8.383181 GBP

1p ordinary

CFD

Long

10185

8.3728 GBP

1p ordinary

CFD

Short

630

8.395 GBP

1p ordinary

CFD

Short

1370

8.39233576642336 GBP

1p ordinary

CFD

Short

7115

8.38858468025299 GBP

1p ordinary

CFD

Short

380

8.38063157894737 GBP

1p ordinary

CFD

Short

5505

8.39326793823797 GBP

1p ordinary

CFD

Short

3757

8.53178 GBP

1p ordinary

CFD

Short

12824

8.3154 GBP

1p ordinary

CFD

Short

2020

8.267429 GBP

1p ordinary

CFD

Short

100241

8.393713 GBP

1p ordinary

CFD

Short

3671

8.38827839825661 GBP

1p ordinary

CFD

Short

1415

8.36268 GBP

1p ordinary

CFD

Short

1070

8.36453645 GBP

1p ordinary

CFD

Short

5849

8.34217 GBP

1p ordinary

CFD

Short

184

8.388 GBP

1p ordinary

CFD

Short

30211

8.377151 GBP

1p ordinary

CFD

Short

100000

8.381351 GBP

1p ordinary

CFD

Short

110000

8.38087992 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

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

31 December 2019

Wendy Dent

+44 (0)207 568 1245