Director/PDMR Shareholding

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Christopher Cholerton

2

Reason for the notification

a)

Position/status

President - Defence Aerospace

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Rolls-Royce Holdings plc

b)

LEI

213800EC7997ZBLZJH69

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares

GB00B63H8491

b)

Nature of the transaction

Withdrawal of savings from 2013 3 year Sharesave Plan

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

Not applicable - single transaction

e)

Date of the transaction

4th May 2017

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)