Share Ownership – 2012 Results Summary

UK companies on London Stock Exchange (£1756.3bn) ‘ Excluded (Not on CREST) (13% of LSE) CREST (87% of LSE) Remainder Known paper share holdings Multiple Ownership (59% of LSE) Single Ownership (41% of LSE) sample Building Blocks simplified (31 December 2012) Central Government holdings

The Sample  Companies on LSE are ranked according to market value (share price x number of shares)  Sample of 200 companies selected (approx 1,800 listed)

 83 largest companies in terms of capitalisation (those in excess of £2.8bn)  117 smaller companies (probability of selection proportional to their capitalisation)

 Combined to make the sample of 200 companies which is provided to Euroclear to provide data on beneficial owners  The 200 companies represented 83% of the value of UK companies on LSE

The Sectors CREST analyses run at 31 December 2012 Sectorisation: Individuals Charities, churches etc Insurance companies Pension funds Investment trusts Unit trusts Banks Other financial institutions Private Non-financial companies Central Government Local Government Public Corporations Rest of the World Multiple Ownership Excluded – shareholdings not on the electronic share register

Single Ownership

Single ownership total  A. Sector split is summed for the large companies in CREST sample  B. An average of the percentage sector split for each of the sampled CREST small companies is applied to the total value of shares of all small companies  C. Total single ownership C = A + B

Multiple Ownership

Excluded

Exclusions from CREST  Approximately 13% of value of the LSE at end-2012  Holdings in material ie paper form  Allocate the large shareholdings in paper form which can be allocated to a relevant sector eg Central Government  Remaining exclusions allocated to individuals (88.4%) and RoW (11.6%)

Allocations within building block (100% each block) – 31 December 2012 SectorSingle OwnershipMultiple Ownership Excluded Rest of the World20.2%65.9% 9.4% Other Financial Institutions 22.6%0.5% Individuals14.4%7.9%71.6% Insurance Companies14.9%3.5% Unit Trusts2.4%15.0% Pension Funds4.6%5.8% Public Sector-0.1%19.0% Banks5.4%0.7% PNFCs8.2%0.1% Investment Trusts6.1%0.1% Charities, churches1.1%0.4% Total % Total value 100% £487.4bn 100% £1,042.4bn 100% £226.5bn

Bringing building blocks together  C. CREST Single ownership sector splits for large and small companies  D. Apply multiple ownership splits to total value of pooled nominees  E. CREST excluded splits  Central Government holdings  Individuals (88.4%) and rest of the world (11.6%) Total sector breakdown = C + D + E

Allocations across building block (100% is UK company holdings on LSE) – 31 December 2012 SectorSingle Ownership Multiple Ownership ExcludedTotal Rest of the World5.6%39.8%1.2%53.2% Other Financial Institutions 6.3%0.3% 6.6% Individuals4.0%4.3%9.2%10.7% Insurance Companies4.1%2.0%6.2% Unit Trusts0.7%8.7%9.6% Pension Funds1.3%3.4%4.7% Public Sector-0.1%2.5% Banks1.5%0.4%1.9% PNFCs2.3%- Investment Trusts1.7%0.1%1.7% Charities, churches0.3%0.2%0.6% Total % Total value 27.8% £487.4bn 59.4% £1,042.4bn 12.9% £226.5bn 100% £1756.3bn