REX.L Regulatory News (REX)

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

Rexam PLC

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

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

X

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

X

An event changing the breakdown of voting rights

Other (please specify):

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

Bank of America Corporation

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

Merrill Lynch International

Merrill Lynch Pierce Fenner & Smith Incorporated

Merrill Lynch Financial Markets INC.

Bank of America NA

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

6th June 2016

6. Date on which issuer notified:

8th June 2016

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

Above 5%, 6%, 7%, 8%

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

GB00BMHTPY25

28,746,460

28,746,460

0

0

29,474,320

0

4.176%

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

Right to Recall Securities

N/A

N/A

11,650,257

1.651%

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

Swaps

N/A

Jun 2016

N/A

937,900

0.133%

0.133%

Swaps

N/A

Aug 2016

N/A

96,900

0.014%

0.014%

Swaps

N/A

Sep 2016

N/A

20,300

0.003%

0.003%

Swaps

N/A

Nov 2016

N/A

7,647,018

1.084%

1.084%

Swaps

N/A

Dec 2016

N/A

647,500

0.092%

0.092%

Swaps

N/A

Mar 2017

N/A

2,696,868

0.382%

0.382%

Swaps

N/A

Apr 2017

N/A

1,491,862

0.211%

0.211%

Swaps

N/A

Jun 2017

N/A

190,000

0.027%

0.027%

Pay to hold swaps

N/A

May 2018

N/A

2,000,000

0.283%

0.283%

Swaps

N/A

Sep 2016

N/A

3,429

0.000%

0.000%

Swaps

N/A

Oct 2016

N/A

103,413

0.015%

0.015%

Swaps

N/A

Jan 2017

N/A

33,118

0.005%

0.005%

Swaps

N/A

Aug 2017

N/A

228,004

0.032%

0.032%

Swaps

N/A

Sep 2017

N/A

728

0.000%

0.000%

Pay to hold swaps

N/A

May 2018

N/A

2,000,000

0.283%

0.283%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

59,221,617

8.392%

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

Merrill Lynch International - Above trading book exemption threshold

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:

Harshini Gopa

15. Contact telephone number:

0207 996 3410