Pearson : Holdings in Company

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto 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							X
An event changing the breakdown of voting rights
Other (please specify)iii
3. Details of person subject to the notification obligationiv
Name					The Goldman Sachs Group, Inc.
City and country of registered office (if applicable)			Corporation Trust Center, 1209 Orange Street,
		Wilmington DE 19801, USA
4. Full name of shareholder(s) (if different from 3.)v
Name					Goldman Sachs International
City and country of registered office (if applicable)			Plumtree Court, 25 Shoe Lane, London EC4A 4AU,UK
5. Date on which the threshold was crossed or			26/09/2019
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY):		30/09/2019
7. Total positions of person(s) subject to the notification obligation
		% of voting rights	% of voting rights			Total number of
		through financial in-	Total of both in %
		attached to shares		voting rights of
			struments	(8.A + 8.B)
		(total of 8. A)			issuervii
		(total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which		1.14%			5.99%	7.13%		782,014,981
threshold was
crossed or reached
Position of previous
notification (if		0.37%			6.66%	7.03%
applicable)

1

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)		2004/109/EC)	2004/109/EC) (DTR5.1)		2004/109/EC)
	(DTR5.1)		(DTR5.2.1)			(DTR5.2.1)
GB0006776081			8,416,780			1.08%
US7050151056			510,443			0.07%
SUBTOTAL 8. A		8,927,223	1.14%

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

		Exercise/	Number of voting rights
Type of financial in-	Expiration	that may be acquired if	% of voting rights
Conversion
	x
strument	date	Periodxi	the instrument is
			exercised/converted.
Securities Lending	Open		7,303,430	0.93%
		SUBTOTAL 8. B 1	7,303,430	0.93%

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	Number of
Type of financial	Expiration	Conver-
cash		% of voting rights
instrument	datex	sion	xii	voting rights
		Period xi	settlement
Refer to Annex-
ure

SUBTOTAL	39,525,301	5.05%
8.B.2

2

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

Fullchain 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 X (please add additional rows as necessary)

	% of voting rights if it	% of voting rights	Total of both if it
	through financial in-
	equals or is higher	equals or is higher
Namexv	struments if it equals
	than the notifiable	or is higher than the	than the notifiable
	threshold	threshold
	notifiable threshold
The Goldman Sachs
Group, Inc.
Goldman Sachs (UK)
L.L.C.
Goldman Sachs Group
UK Limited
Goldman Sachs		5.07%	5.99%
International
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.
IMD Holdings LLC
United Capital Financial
Partners, Inc.
United Capital Financial
Advisers, LLC
The Goldman Sachs
Group, Inc.
GSAM Holdings LLC
			3

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	30/09/2019

Natalie White

Deputy Company Secretary

Pearson plc

01 October 2019

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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	Expiration datex	Exercise/Conversion	Physical or cash	Number of	% of
voting
instrument	periodxi	settlementxii	voting rights
	rights
Swap	10/07/2024		Cash	2,530,950	0.32%
CFD	10/12/2025		Cash	2,485,623	0.32%
CFD	04/12/2023		Cash	2,019,303	0.26%
CFD	16/06/2021		Cash	1,834,093	0.23%
CFD	23/02/2024		Cash	1,800,000	0.23%
CFD	23/12/2022		Cash	1,605,242	0.21%
Swap	09/06/2021		Cash	1,444,244	0.18%
CFD	20/10/2027		Cash	1,416,115	0.18%
CFD	21/02/2024		Cash	1,081,661	0.14%
CFD	27/07/2029		Cash	971,700	0.12%
CFD	26/07/2029		Cash	971,650	0.12%
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	28/09/2029		Cash	692,500	0.09%
CFD	04/12/2023		Cash	552,306	0.07%
CFD	03/07/2024		Cash	475,000	0.06%
CFD	28/09/2029		Cash	432,812	0.06%
CFD	04/12/2023		Cash	402,179	0.05%
CFD	09/03/2029		Cash	365,758	0.05%
CFD	17/07/2024		Cash	337,960	0.04%
CFD	15/07/2021		Cash	328,703	0.04%
CFD	16/06/2028		Cash	328,703	0.04%
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