TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

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                  Henderson Global Investors
the
notification obligation:

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

5. Date of the transaction and date on                           27 January 2015
which the threshold is crossed or
reached:

6. Date on which issuer notified:                                28 January 2015

7. Threshold(s) that is/are crossed or                                  Below 5%
reached:

8. Notified details:

A: Voting rights attached to shares

Class/type   Situation previous     Resulting situation after the triggering
of           to the triggering      transaction
shares       transaction


if possible  Number     Number      Number       Number of voting        % of voting
using        of         of          of shares    rights                  rights
the ISIN     Shares     Voting
CODE                    Rights
                                     Direct      Direct         Indirect  Direct  Indirect


  Ordinary   28,093,099 28,093,099                              Below 5%          Below 5%

GB00BLWF0R63

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial Expiration Exercise/                   Number of voting       % of voting
instrument                  Conversion Period           rights that may be     rights
                  date                                  acquired if the
                                                        instrument is
                                                        exercised/
                                                        converted.

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

Resulting situation after the triggering transaction

   Type of     Exercise Expiration  Exercise/       Number of voting            % of voting
  financial     price    date    Conversion     rights instrument               rights
  instrument                       period           refers to

                                                                            Nominal    Delta

Total (A+B+C)

         Number of voting rights                Percentage of voting rights

                Below 5%                                  Below 5%

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

Proxy Voting:

10. Name of the proxy holder:

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:            This disclosure has been calculated
                                       based on issue share capital amount
                                       281,442,115

14. Contact name:                      N Tilley

15. Contact telephone number:          01225 321207