TR-1: Notification of Major Interest in Shares

For filings with the FCA include the annex

For 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 areattached: ii

Personal Group Holdings plc

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 result in the acquisition of shares already issued to which voting rights are attached

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

An event changing the breakdown of voting rights

x

Other (please specify):

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

Delta Lloyd N.V. and its Group of Companies

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

Registered Holder:

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

30 November 2016

6. Date on which issuer notified:

1 December 2016

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

7% at combined indirect interest level

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

Ordinary shares

2,151,979

2,151,979

2,151,979

NIHIL

2,151,979

NIHIL

6.99%

GB0002760279

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

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

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,151,979

6.99%

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

The voting rights held in the 2 investment funds are managed and controlled by Delta Lloyd Asset Management N.V., with the following chain of controlled undertakings:

Delta Lloyd Asset Management N.V.:

· Delta Lloyd N.V.

· DLAM Holding B.V. (wholly owned subsidiary of Delta Lloyd N.V.)

· Delta Lloyd Asset Management N.V. (wholly owned subsidiary of DLAM Holding B.V.)

Proxy Voting:

10. Name of the proxy holder:

See section 4

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:

Figures are based on a change in the outstanding shares:

30,594,098 (30 November 2016)

to

30,799,891 (1 December 2016)

14. Contact name:

M. Koster, Senior Product manager

15. Contact telephone number:

+31 20 59 43691