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 issuer of existing shares to which voting rights are attached: ii

Melrose Industries 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

Other (please specify):

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

Aviva plc & its subsidiaries

4. Full name of shareholder(s)

(if different from 3.):iv

Registered Holder:

Available on Request 6,583* BNY Norwich Union Nominees Limited 2,774,318* Chase (GA Group) Nominees Limited 26,260,903* Chase Nominees Limited 569,017* CUIM Nominee Limited 230,962* Vidacos Nominees Limited 1,550*

* denotes direct interest

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

1 May 2015

6. Date on which issuer notified:

5 May 2015

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

3% to

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of

shares

if possible using the ISIN CODE

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

Class/type of

shares

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of voting rights x

Class/type of

shares

if possible using the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00BV9FYX34

29,983,154

29,983,154

29,843,333

29,843,333

Not Disclosable

2.99%

Not Disclosable

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration

date xiii

Exercise/

Conversion Period xiv

Number of voting

rights that may be acquired if the instrument is exercised/ converted.

% of voting

rights

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

xv, xvi

Resulting situation after the triggering transaction

Type of financial

instrument

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

29,843,333

2.99%

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

The voting rights are managed and controlled by Aviva Investors Global Services Limited, with the following chain of controlled undertakings:-

Aviva Investors Global Services Limited:

 Aviva plc (Parent Company)
 Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)
 Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
 Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited)
The voting rights are managed and controlled by Friends Provident International Limited, with the following chain of controlled undertakings:-

Friends Provident International Limited:

 Aviva plc (Parent Company)
 Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)
 Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings Limited)
 Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK Limited)
 Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited)
 Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited)
 Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life Limited)
 Friends Provident International Limited (wholly owned subsidiary of Friends Life and Pensions Limited)

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 the total number of voting rights of

995,206,966 as per the Company's 'Voting Rights and

Capital Structure' announcement of 23 February 2015.

14. Contact name:

Neil Whittaker, Aviva plc

15. Contact telephone number:

01603 684420

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