Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

Swallowfield plc

2 Reason for the notification (delete as appropriate):

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation: Peter Gyllenhammar

4. Full name of shareholder(s) (if different from 3.): The Union Discount Company of London Ltd

5. Date of the transaction and date on which the threshold is crossed or reached:

10 August 2016

6. Date on which issuer notified:

12 August 201

7. Threshold(s) that is/are crossed or reached: From 13% to 7%

8. Notified details:

A: Voting rights attached to shares

B: Qualifying Financial Instruments

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Total (A+B+C)

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

Peter Gyllenhammar is the 100% owner of the following company owning the shares in Swallowfield plc:

The Union Discount Company of London Ltd

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name: Peter Gyllenhammar

15. Contact telephone number: 0046 708 185244