Pearson : Holdings in 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 PEARSON PLC attachedii:

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii

3. Details of person subject to the notification obligationiv

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

The Goldman Sachs Group, Inc.

X

X

Corporation Trust Center, 1209 Orange Street, Wilmington DE 19801, USA

Name

Goldman Sachs International

Peterborough Court, 133 Fleet Street, London EC4A 2BB, UK

30/04/2019

02/05/2019

7. Total positions of person(s) subject to the notification obligation

Resulting situation on the date on which threshold was crossed or reached

Position of previous notification (if applicable)

% of voting rights at-tached to shares

(total of 8. A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

0.48%

6.57%

0.51%

6.45%Total of both in %

(8.A + 8.B)Total number of voting rights of issuervii

7.06%

781,417,120

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

1

A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB0006776081	3,456,434	0.44%
US7050151056	333,185	0.04%
SUBTOTAL 8. A	3,789,619		0.48%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrumentExpiration datexExercise/ Conversion Periodxi

Number of voting rights

that may be acquired if the instrument is exercised/converted.

% of voting rights

Securities Lending

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Refer to Annex-ure

Open

Expiration datexExercise/ Conversion Period xiPhysical or cash settlementxii

9,036,200

9,036,200

Number of voting rights

SUBTOTAL 8.B.2

42,326,210

1.16%

% of voting rights

5.42%

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) issuerxiii
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 entityxiv (please add additional rows as necessary)				X
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
The Goldman Sachs Group, Inc.
Goldman Sachs (UK) L.L.C.
Goldman Sachs Group UK Limited
Goldman Sachs International	5.45%	5.45%
The Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.
Goldman Sachs Asset Management Interna-tional Holdings L.L.C.
Goldman Sachs Asset Management Co., Ltd.
The Goldman Sachs Group, Inc.
GSAM Holdings LLC
Goldman Sachs Asset Management, L.P.

10. In case of proxy voting, please identify:
Name of the proxy holder	N/A
The number and % of voting rights held	N/A
The date until which the voting rights will be held	N/A

11. Additional informationxvi

Please note, total amount of voting rights have been rounded to 2 decimal places therefore there is a possibility of a rounding error.

General email contact:[e-mail]

Place of completion	London
Date of completion	02/05/2019

Natalie White

Deputy Company Secretary

Pearson plc

3 May 2019

Annexure
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex	Exercise/Conver-sion periodxi	Physical or cash settlementxii	Number of voting rights	% of voting rights
CFD	10/12/2025	Cash	2,650,131	0.34%
CFD	15/09/2028	Cash	2,366,489	0.30%
CFD	20/04/2029	Cash	1,977,494	0.25%
CFD	20/10/2027	Cash	1,846,611	0.24%
CFD	23/09/2020	Cash	1,834,093	0.23%
CFD	23/02/2024	Cash	1,800,000	0.23%
CFD	04/12/2023	Cash	1,577,609	0.20%
CFD	21/02/2024	Cash	1,300,000	0.17%
CFD	07/02/2024	Cash	1,240,000	0.16%
CFD	21/02/2024	Cash	1,100,000	0.14%
CFD	14/02/2024	Cash	970,000	0.12%
CFD	12/02/2024	Cash	865,494	0.11%
CFD	26/01/2024	Cash	865,000	0.11%
CFD	26/02/2024	Cash	860,000	0.11%
Swap	28/07/2021	Cash	851,294	0.11%
CFD	22/02/2024	Cash	800,000	0.10%
Swap	28/07/2021	Cash	757,148	0.10%
CFD	28/03/2029	Cash	703,839	0.09%
CFD	20/04/2029	Cash	685,506	0.09%
CFD	29/01/2024	Cash	663,999	0.08%
CFD	12/07/2023	Cash	501,202	0.06%
CFD	06/12/2028	Cash	440,459	0.06%