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           X         
    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          15/04/2016                                          
    which the threshold is crossed or                                                                   
    reached: v                                                                                          
                                                                                                        
    6. Date on which issuer notified:               19/04/2016                                          
                                                                                                        
    7. Threshold(s) that is/are crossed or          Crossed above 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     8,546,369    8,546,369                           9,314,510               4.86%      
                                                                                                         
    B: Qualifying Financial Instruments                                                                  
                                                                                                         
    Resulting situation after the triggering transaction                                                 
                                                                                                         
    Type of financial       Expiration Exercise/              Number of voting         % of voting       
    instrument              date xiii  Conversion Period xiv  rights that may be       rights            
                                                              acquired if the                            
                                                              instrument is                              
                                                              exercised/ converted.                      
                                                                                                         
    CFD                                                       368,273                  0.19%             
                                                                                                         
    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 xvii  Conversion   instrument refers to      xix, xx              
                                             period xviii                                                
                                                                                                         
    N/A                                                                             Nominal      Delta   
                                                                                                         
    Total (A+B+C)                                                                                        
                                                                                                         
    Number of voting rights                         Percentage of voting rights                          
                                                                                                         
    9,682,783                                       5..06%                                               
                                                                                                         

       

    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, Bodycote plc                           
                                                                                                
    15. Contact telephone number:                +44 1625 505300