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		Shawbrook Group 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 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	SOF General Partner (Guernsey) Limited
4. Full name of shareholder(s) (if different from 3.):^iv	SOF Annex Nominees Limited Special Opportunities Fund (Guernsey) LP
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	07 May 2015
6. Date on which issuer notified:	08 May 2015
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	59.1% to 54.6%

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

Direct

Indirect

Ordinary
GB00BWDPMF43

147,729,498

59.1%

136,479,498

54.6%

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

136,479,498

54.6%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
SOF General Partner (Guernsey) Limited acts as general partner and manager of Special Opportunities Fund (Guernsey) LP. It is entitled to exercise the voting rights attached to the ordinary shares in Shawbrook Group plc held by Special Opportunities Fund (Guernsey) LP. SOF Annex Nominees Limited, whose ultimate parent company is SOF Holdings Limited, holds the ordinary shares in Shawbrook Group plc as a nominee on behalf of Special Opportunities Fund (Guernsey) LP.

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:
14. Contact name:	Ian Gascoigne
15. Contact telephone number:	+44 (0)203 728 6741