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 Financial Markets INC.

Bank of America NA

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

22th June 2016

6. Date on which issuer notified:

24rd June 2016

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

Above 5%, 6%, 7% and below 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

22,456,685

22,456,685

0

0

22,509,046

0

3.189%

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

14,305,257

2.027%

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

27/06/2016

N/A

 604,900

0.086%

0.086%

Swaps

N/A

01/08/2016

N/A

 72,000

0.010%

0.010%

Swaps

N/A

12/09/2016

N/A

 4,000

0.001%

0.001%

Swaps

N/A

07/11/2016

N/A

 300,000

0.043%

0.043%

Swaps

N/A

14/11/2016

N/A

 250,000

0.035%

0.035%

Swaps

N/A

15/11/2016

N/A

 100,000

0.014%

0.014%

Swaps

N/A

21/11/2016

N/A

 500,000

0.071%

0.071%

Swaps

N/A

28/11/2016

N/A

 6,497,018

0.921%

0.921%

Swaps

N/A

02/12/2016

N/A

 147,500

0.021%

0.021%

Swaps

N/A

20/12/2016

N/A

 500,000

0.071%

0.071%

Swaps

N/A

02/03/2017

N/A

 558,790

0.079%

0.079%

Swaps

N/A

03/03/2017

N/A

 503,500

0.071%

0.071%

Swaps

N/A

07/03/2017

N/A

 526,661

0.075%

0.075%

Swaps

N/A

10/03/2017

N/A

 750,000

0.106%

0.106%

Swaps

N/A

22/03/2017

N/A

 323,957

0.046%

0.046%

Swaps

N/A

23/03/2017

N/A

 26,210

0.004%

0.004%

Swaps

N/A

24/03/2017

N/A

 7,750

0.001%

0.001%

Swaps

N/A

07/04/2017

N/A

 678,600

0.096%

0.096%

Swaps

N/A

12/04/2017

N/A

 483,262

0.068%

0.068%

Swaps

N/A

28/04/2017

N/A

 330,000

0.047%

0.047%

Swaps

N/A

26/06/2017

N/A

 190,000

0.027%

0.027%

Swaps

N/A

15/09/2016

N/A

 1,426

0.000%

0.000%

Swaps

N/A

30/11/2016

N/A

 2,988

0.000%

0.000%

Swaps

N/A

29/08/2017

N/A

 228,004

0.032%

0.032%

Swaps

N/A

14/09/2017

N/A

 728

0.000%

0.000%

Pay to hold swaps

N/A

31/05/2018

N/A

 2,000,000

0.283%

0.283%

Pay to hold swaps

N/A

31/05/2018

N/A

 2,000,000

0.283%

0.283%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

54,401,597

7.709%

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