TR-1: Standard form for notification of major holdings Hammerson plc (Incorporated in England and Wales) (Company number 360632) LSE share code: HMSO JSE share code: HMN ISIN: GB0004065016 (“Hammerson” or “the Company”) TR-1: Standard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are Hammerson Plc attachedii: 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) UK issuer X 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments X An event changing the breakdown of voting rights Other (please specify)iii: 3. Details of person subject to the notification obligationiv Name Barclays Plc City and country of registered office (if applicable) London , United Kingdom 4. Full name of shareholder(s) (if different from 3.)v Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or 13 May 2019 reachedvi: 6. Date on which issuer notified (DD/MM/YYYY): 15 May 2019 7. Total positions of person(s) subject to the notification obligation % of voting rights % of voting rights Total of both in % Total number of attached to shares through financial in- (8.A + 8.B) voting rights of (total of 8. A) struments issuervii (total of 8.B 1 + 8.B 2) Resulting situation on the date on which 0.094 5.867 5.961 766,293,613 threshold was crossed or reached Position of previous Below the lowest Below the lowest Below the lowest notification (if applicable threshold applicable threshold applicable threshold applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii A: Voting rights attached to shares Class/type of Number of voting rightsix % of voting rights shares ISIN code (if possible) Direct Indirect Direct Indirect (Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive 2004/109/EC) (DTR5.1) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC) (DTR5.2.1) (DTR5.2.1) 612,750 GB0004065016 116,437 0.078 0.015 SUBTOTAL 8. A 729,187 0.094 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Number of voting rights Type of financial Expiration Exercise/ that may be acquired if % of voting rights instrument datex Conversion Periodxi the instrument is exercised/converted. Right to recall (Loan) NA NA 700,000 0.091 Right to recall (Collat- NA NA 38,956,139 5.084 eral) SUBTOTAL 8. B 1 39,656,139 5.175 B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Exercise/ Physical or Type of financial Expiration Number of Conversion cash % of voting rights instrument datex voting rights Period xi settlementxii CFD NA NA Cash 4,104,594 0.536 Equity Swap 10/09/2020 NA Cash 15,600 0.002 Equity Swap 09/09/2020 NA Cash 15,700 0.002 Equity Swap 08/09/2020 NA Cash 15,700 0.002 Equity Swap 07/09/2020 NA Cash 15,700 0.002 Equity Swap 04/09/2020 NA Cash 15,700 0.002 Portfolio Swap 04/10/2019 NA Cash 5188 0.000 Portfolio Swap 18/10/2019 NA Cash 7476 0.001 Portfolio Swap 18/11/2019 NA Cash 105431 0.014 Portfolio Swap 21/10/2019 NA Cash 3226 0.000 Portfolio Swap 17/10/2019 NA Cash 9751 0.001 Portfolio Swap 12/08/2019 NA Cash 589323 0.077 Portfolio Swap 01/05/2020 NA Cash 148591 0.019 Portfolio Swap 06/01/2020 NA Cash 8304 0.001 Portfolio Swap 13/12/2019 NA Cash 14232 0.002 Portfolio Swap 23/06/2020 NA Cash 29276 0.004 Portfolio Swap 09/03/2020 NA Cash 100379 0.013 Portfolio Swap 21/02/2020 NA Cash 38818 0.005 Portfolio Swap 02/03/2020 NA Cash 56396 0.007 SUBTOTAL 8.B.2 5,299,385 0.692 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv (please add additional rows as necessary) % of voting rights % of voting rights if it Total of both if it through financial in- equals or is higher equals or is higher Namexv struments if it equals than the notifiable than the notifiable or is higher than the threshold threshold notifiable threshold Barclays Plc NA NA 5.961 Barclays Bank Plc NA NA 5.961 Barclays Capital Securi- NA 5.331 5.404 ties Ltd Palomino Ltd NA NA NA 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional informationxvi Place of completion London Date of completion 15 May 2019 For further information contact: Verity Cox Assistant Company Secretary Tel: +44 (0)20 7887 1000 Hammerson has its primary listing on the London Stock Exchange and a secondary inward listing on the Johannesburg Stock Exchange. 16 May 2019 Sponsor: Investec Bank Limited Date: 16/05/2019 03:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. 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