TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

MARKS AND SPENCER GROUP PLC

2. Reason for the notification (please place an X inside the appropriate bracket/s):

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 of 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):

CAPITAL RESEARCH AND MANAGEMENT

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

AS ABOVE

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

11 JANUARY 2012

6. Date on which issuer notified:

12 JANUARY 2012

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

BELOW 5%

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

Number of Shares Number of Voting Rights (viii)

Ordinary 25p Shares ISIN: GB0031274896

80,417,232 80,417,232

Resulting situation after the triggering transaction

Class/type
of shares if
possible using
the ISIN CODE
Number of Shares Number of voting rights (ix) % of voting rights (X)
Direct (x) Indirect (xi) Direct Indirect
Ordinary 25p
Shares ISIN: GB0031274896
77,589,854 NOT DISCLOSED 77,589,854 NOT DISCLOSED 4.854%

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of financial instrument Expiration date (xiii) Exercise/Conversion period/Date (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)

Type of financial instrument Exercise price Expiration date (xviii) 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 % of voting rights
77,589,854 4.854%

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

Proxy Voting:

10. Name of the proxy holder:

N/A

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

N/A

12.

N/A

13. Additional information:

At the date of this disclosure the Company's capital consists of 1,598,370,470 ordinary shares with voting rights

14. Contact name:

ANTHONY CLARKE

15. Contact telephone number:

020 8718 9940

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