Holding(s) in Company -Paradice

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For filings with the FCA include the annex
For filings with issuer exclude the annex

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		M&C Saatchi plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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			X
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Paradice Investment Management Pty Ltd
4. Full name of shareholder(s) (if different from 3.):^iv	StateStreet Nominees Chase Nominees The Bank of New York (Nominees) Ltd. Vidacos Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	23 January 2015
6. Date on which issuer notified:	12 February 2015
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Reduction of holdings beneath 11%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Paradice Investment Management LLC is an investment management entity that manages the assets of certain funds and/or managed accounts and the assets under its management include the shares described in Box 8A of this notification. Paradice Investment Management LLC is a direct controlled undertaking of Paradice Investment Management Pty Ltd.

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:	Change in percentage held is a result of an increase in the number of shares outstanding. Data is based on the total number of shares outstanding of 70,680,262.

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