CALEDONIA INVESTMENTS PLC - GRANT OF SHARE OPTIONS

Pursuant to the requirements of the EU Market Abuse Regulation, Caledonia Investments plc ("Caledonia") announces that on 21 July 2017 the following nil-cost options over ordinary 5p shares in Caledonia were granted to executive directors under the Caledonia Investments 2011 Performance Share Scheme (the "Performance Share Scheme") and in respect of compulsory deferral of bonus under the Caledonia Investments 2011 Deferred Bonus Plan (the "Deferred Bonus Plan"). The company's share price used to determine the number of Performance Share Scheme and Deferred Bonus awards was 2837p.

Subject to the rules of the Performance Share Scheme, nil-cost options are exercisable between three and ten years after the date of grant.  Subject to the rules of the Deferred Bonus Plan, deferred share awards vest after a three year retention period.

The total number of awards held by the above-named executive directors of Caledonia under the Performance Share Scheme and the Deferred Bonus Plan following these nil-cost option grants are as follows:

Enquiries:

Mrs K M Burwood

Deputy Company Secretary

Caledonia Investments plc                           + 44 20 7802 8080

24 July 2017

Further information required by the EU Market Abuse Regulation in relation to these transactions is set out in the appendix below.

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