CVS : Holding(s) in Company – 24 April 2018

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

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

CVS Group plc

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligation

Name

Aggregate of Standard Life Aberdeen plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios

City and country of registered office (if applicable)

Edinburgh, Scotland

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

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

6. Date on which issuer notified (DD/MM/YYYY):

23/04/2018 24/04/2018

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares

(total of 8. A)

% of voting rights through financial in-struments

(total of 8.B 1 + 8.B 2)Total of both in %

(8.A + 8.B)Total number of voting rights of issuerviiResulting situation on the date on which threshold was crossed or reached Position of previous notification (if applicable)

11.04

11.77

0.00

0.00

11.04

11.77

70,320,764

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Number of voting rights

Type of financial instrumentExpiration datexExercise/ Conversion Periodxithat may be acquired if the instrument is Exercised/converted.

% of voting rightsSUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrumentExpiration datexExercise/ Conversion Period xiPhysical or cash settlementxiiNumber of voting rights

% of voting rights

SUBTOTAL 8.B.2

11. Additional informationxvi

In reference to section 9, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements where-by the client has delegated the exercise of the voting power to the referenced investment manager.

This disclosure also reflects the fact that the voting rights held indirectly by the underlying investment management entity Standard Life Investments Limited decreased below a notifiable threshold due to trading on 23 April 2018. The threshold crossed was 11% and Standard Life Investments Limited held the delegated voting rights to 11.58% shares in CVS Group plc prior to this crossing.