TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                                               
                                                                                                                  
    1. Identity of the issuer or the underlying issuer     Bodycote Plc                                           
    of existing shares to which voting rights are                                                                 
    attached: ii                                                                                                  
                                                                                                                  
    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                               
                                                                                                                  
    An acquisition or disposal of instruments with similar economic effect to                                     
    qualifying financial instruments                                                                              
                                                                                                                  
    An event changing the breakdown of voting rights                                                              
                                                                                                                  
    Other (please                                                                                                 
    specify):                                                                                                     
                                                                                                                  
    3. Full name of person(s) subject to the         Old Mutual Plc                                               
    notification obligation: iii                                                                                  
                                                                                                                  
    4. Full name of shareholder(s)                                                                                
     (if different from 3.):iv                                                                                    
                                                                                                                  
    5. Date of the transaction and date on           06/10/2016                                                   
    which the threshold is crossed or                                                                             
    reached: v                                                                                                    
                                                                                                                  
    6. Date on which issuer notified:                07/10/2016                                                   
                                                                                                                  
    7. Threshold(s) that is/are crossed or           Fallen below 5%                                              
    reached: vi, vii                                                                                              
                                                                                                                  
    8. Notified details:                                                                                          
                                                                                                                  
    A: Voting rights attached to shares viii, ix                                                                  
                                                                                                                  
    Class/type of   Situation previous         Resulting situation after the triggering transaction               
    shares          to the triggering          <3%                                                                
                    transaction                                                                                   
    if possible                                                                                                   
    using           Number         Number      Number      Number of voting       % of  voting rights x           
    the ISIN CODE   of             of          of shares   rights                                                 
                    Shares         Voting                                                                         
                                   Rights      Direct      Direct xi   Indirect   Direct      Indirect            
                                                                       xii                                        
                                                                                                                  
    GB00B3FLWH99    9,314,510      9,314,510                           9,555,943              4.99%               
                                                                                                                  
    B: Qualifying Financial Instruments                                                                           
                                                                                                                  
    Resulting situation after the triggering transaction                                                          
                                                                                                                  
    Type of financial         Expiration Exercise/               Number of voting           % of voting             
    instrument                         Conversion Period xiv   rights that may be         rights                  
                              date                             acquired if the                                    
                              xiii                             instrument is                                      
                                                               exercised/ converted.                              
                                                                                                                  
    C: Financial Instruments with similar economic effect to Qualifying Financial                                 
    Instruments xv, xvi                                                                                           
                                                                                                                  
    Resulting situation after the triggering transaction                                                          
                                                                                                                  
    Type of financial  Exercise    Expiration Exercise/       Number of voting rights    % of voting rights          
    instrument         price       date    Conversion      instrument refers to       xix, xx                     
                                   xvii    period xviii                                                           
                                                                                                                  
    N/A                                                                               Nominal         Delta       
                                                                                                                  
    Total (A+B+C)                                                                                                 
                                                                                                                  
    Number of voting rights                             Percentage of voting rights                               
                                                                                                                  
    9,555,943                                           4.99%                                                     
                                                                                                                  
    9. Chain of controlled undertakings through which the voting rights and/or the                                
    financial instruments are effectively held, if applicable: xxi                                                
                                                                                                                  
                                                                                                                  
    N/A                                                                                                           
                                                                                                                  
    Proxy Voting:                                                                                                 
                                                                                                                  
    10. Name of the proxy holder:                                  N/A                                            
                                                                                                                  
    11. Number of voting rights proxy holder will cease            N/A                                            
    to hold:                                                                                                      
                                                                                                                  
    12. Date on which proxy holder will cease to hold              N/A                                            
    voting rights:                                                                                                
                                                                                                                  
                                                                                                                  
    13. Additional information:                                                                                   
                                                                                                                  
    14. Contact name:                                   U Ball, Group Company Secretary, Bodycote plc             
                                                                                                                  
    15. Contact telephone number:                       01625 505300