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

Ladbrokes plc  

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

An event changing the breakdown of voting rights

Other (please specify): 

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

Eminence Capital, LLC

Ricky C Sandler

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

Goldman Sachs & Co

Morstan Nominees Ltd

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

25 June 2008

6. Date on which issuer notified:

  27 June 2008

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

4%

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct  

Indirect 

Direct

Indirect

Eminence Capital, LLC

Ordinary Shares

GB00B0ZSH635

23,435,000

23,435,000

24,590,000

24,590,0000

4.09%

Ricky C Sandler

Ordinary Shares

GB00B0ZSH635

23,438,200

23,438,200

24,593,200

24,593,200

4.09%

B: Financial Instruments

Resulting situation after the triggering transaction 

Type of financial instrument 

Expiration date 

Exercise/ Conversion Period/ Date 

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

% of voting rights

  N/A

Total (A+B)

Number of voting rights

% of voting rights

Eminence Capital, LLC

24,590,000

4.09%

Ricky C Sandler

24,593,200

4.09%

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

Ricky C Sandler is the Managing Member of Eminence Capital, LLC and therefore may be deemed to have indirect voting power with respect to the shares directly owned by the funds managed by Eminence Capital, LLC, and individually with respect to shares over which Mr Sandler has investment discretion.

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:

N/A