Kerry Regulatory News (KYGA)

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Kerry Group plc

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:

The Growth Fund of America ("GFA")

City and country of registered office (if applicable):

Irvine, California, USA

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

5. Date on which the threshold was crossed or reachedvi:

26 January 2017

6. Date on which issuer notified:

27 January 2017

7. Threshold(s) that is/are crossed or reached: Below 3% - Aggregate of voting rights from shares

8. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

0.0000%

(see section 12)

0.0000%

(see section 12)

0.0000%

(see section 12)

176,010,831

Position of previous notification (if applicable)

0.0000%

(see section 12)

0.0000%

(see section 12)

0.0000%

(see section 12)

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

Indirect

Direct

Indirect

Ordinary Shares (IE0004906560)

5,242,324

0.0000%

(see section 12)

SUBTOTAL A

5,242,324

0.0000%

(see section 12)

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation

[X ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[ ] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional informationxvi:

GFA is a mutual fund registered in the United States under the Investment Company Act of 1940. GFA is the legal owner of 5,242,324 shares (2.978% of outstanding shares).

GFA has granted proxy voting authority to Capital Research and Management Company, its investment adviser.

GFA previously disclosed (as of 4 April 2013) a shareholding of 6,924,324 shares (3.941% of outstanding shares).

Please note that the notification submitted on behalf of The Capital Group Companies, Inc. dated 26 January 2017 included GFA's holdings.