Laura Ashley : Letter of Resignation from Auditor 18 April 2017

Your reference:

Our reference: SYZC/6098/77 194/6197

18 April 2017

Laura Ashley Holdings Pie 27 Bagleys Lane

Fulham London SW6 2QA

MOORE STEPH ENS

Moore Stephens LLP 150 Aldersgate Street London EClA 4AB

T [phone]

F [phone]

DX 15 London/Chancery Lane www.moorestephens .co.uk

Dear Sir

CESSATION AS AUDITORS Laura Ashley Holdings Pie (Registered number: 01012631)

We hereby resign as auditors of the company with effect from 18 April 2017 and enclose the statement required under Section 519 of the Companies Act 2006 setting out the reasons for our ceasing to hold office.

You are required, within 14 days of receipt, either to send a copy of the statement to members of the company and all others entitled to receive copies of the company's annual report and accounts, or to apply to the Court for a direction. If you apply to the Court, you should let us know. If we do not receive notification that you have applied to the Court, we will send a copy of the statement to the registrar for filing.

As required under the Companies Act, we have also sent a copy of the statement to the FRC as the appropriate audit author ity. You are also required to notify the FRC of the reasons for our ceasing to hold office. If you agree with our statement, you may do this simply by endorsing a copy of the statements indicating your agreement and sending it to:

Change of Auditor Notification Financial Reporting Council 8th Floor

125 London Wall London

EC2Y 5AS

By email to '[e-mail]' Yours faithfully,

Moore Stephens LLP

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Moore Stephens LLP Is .'Ilimited liabn!ty partnc,ship,registered In Elgland and Wales with n:gistered number OC3l3071. A list of mam.bers'nam es is available .it 150 Ald,rsg.Jte Street, London EClA 4AO, the firm's principal place or business .ind registered offu;e. Rc-iiste.red to carry on audit work IJl the U.!C nd lri!'l3nthe I nstitute of Chrte,ed Accountants in England and Wales.Authorised and rcgulitli!d by the Fin:1nclo1l Cond 1.1rt Authority fat Investment business.An tndcpendMt member firm of Moore Stephens l ntem:1ttonal limited - mi:mbcr Orm 5 In principal cities throughout the werid,

Your reference MOORE STEPHENS

Our reference: SYZC/6098/77194/6197

18 April 2017

Laura Ashley Holdings Pie 27 Bagleys Lane

Fulham London SW6 2QA

Dear Sirs

Statement under S519 Companies Act 2006

Moore Stephens LLP 150 Aldersgate Street London EClA 4AB

T [phone]

F [phone]

DX 15 London/Chancery Lane www.moorestephens.co.uk

In accordance with section 519 of the Act, we set out the following reason for ceasing to hold office as auditor of the company:

• The board of the company not accepting our fee proposal.

We do not consider that the reason for us ceasing to hold office or any matters connected there to that need to be brought to the attention of members or creditors of the company.

Moore Stephens LLP

Auditor Registered Number: C001309444 150 Aldersgate Street

London EC1A 4AB

18 April 2017

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Moo,e Stephe.ns LLP Ui a lim1tC!d 1,abili paru,ership r egisterl!d intnglarid and Wale with registerr;d number OCJ1307 ,A list of members' n.Jmes h a"Vailable at ISO Aldengate Street, London (ClA 4A8, the firm's princip.11place of businen and regfstered office. Registered to carry on audit wo k In the UK andIr eland by the Institute of Ct>arte,cd AcCOllnt.rnUin En(Jlind and W;ifes. Avthonse.d ;md regulated by the Financial Conduct Authority for Investment businClS.An independent membtt firm of Moor,: St1!phe.n5 lnt rn.1tfon1tl Limittd - member fifl''r.$ rn principa;! c1tie5 throuahoot the world.