Nationwide Accident Repair Services plc : Holding(s) in Company

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

Nationwide Accident Repair Services plc

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

NO

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

NO

An event changing the breakdown of voting rights

NO

Other (please specify):

NO

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

Miton Group plc

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

See section 9 below

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

09/08/2013

6. Date on which issuer notified:

16/08/2013

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

Was 11.89%, Now 14.30%

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

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

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

Diverse Income Trust

HSBC Global Custody Nominees (UK) Ltd a/c 727563

2,098,772

CF Miton UK Multicap Income Fund

Bank of New York Nominees Ltd a/c 397449

2,795,409

Miton Income Opportunities Trust

HSBC Global Custody Nominees (UK) Ltd a/c 724755

1,281,819

Proxy Voting:

10. Name of the proxy holder:

n/a

11. Number of voting rights proxy holder will cease to hold:

n/a

12. Date on which proxy holder will cease to hold voting rights:

n/a

13. Additional information:

Miton Capital Partners Ltd and Miton Asset Management Ltd are both subsidiaries of Miton Group plc

14. Contact name:

Ian Borrows

15. Contact telephone number:

0151 906 2476