WLG.L Regulatory News (WLG)

For filings with the FSA include the annexFor filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuerof existing shares to which voting rights are UTV Media PLCattached:ii 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 resultin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): On 21st January 2015, RIT Capital Partners plc acquired 100% X of the share capital of GVO Investment Management Limited. 3. Full name of person(s) subject to the RIT Capital Partners plcnotification obligation:iii 4. Full name of shareholder(s) Nortrust Nominees Ltd (if different from 3.):iv 5. Date of the transaction and date onwhich the threshold is crossed or 21/01/2015reached: v 6. Date on which issuer notified: 21/01/2015 7. Threshold(s) that is/are crossed or 4%reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggering transactionshares to the triggering transaction if possible Number Number Number Number of voting % of voting rights xusing of of of shares rightsthe ISIN CODE Shares Voting Rights Direct Direct xi Indirect xii Direct Indirect GB00B244WQ16 0 0 0 0 4,094,588 0 4.27% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting rights % of votingfinancial price date xvii Conversion instrument refers to rights xix, xxinstrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 4,094,588 4.27% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi 4,094,588shares held by GVO UK Focus FundGVO Investment Management Ltd is the investment manager of GVO UK Focus Fund.GVO Investment Management Ltd is 100% owned by RIT Capital Partners plc. 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: Christopher Wise 15. Contact telephone number: 020 7514 1944