BTI - British American Tobacco P.l.c - Notification of major interest in shares British American Tobacco P.l.c. Incorporated in England and Wales (Registration number: 03407696) Short name: BATS Share code: BTI ISIN number: GB0002875804 ("British American Tobacco P.l.c." or "the Company") NOTIFICATION OF MAJOR INTEREST IN SHARES British American Tobacco P.l.c. received the following notification on 23 October 2009:- 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: British American Tobacco P.l.c. 2. Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights (Yes) An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached (No) An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments (No) An event changing the breakdown of voting rights (No) Other (please specify): (No) 3. Full name of person(s) subject to the notification obligation: Reinet Fund S.C.A., F.I.S. (indirect) 4. Full name of shareholder(s) (if different from 3): Reinet Jersey Holdings Limited (direct) 5. Date of the transaction and date on which the threshold is crossed or reached: 19 December 2008 6. Date on which issuer notified: 23 October 2009 7. Threshold(s) that is/are crossed or reached: 4% 8. Notified details: A. Voting rights attached to shares Class/ty Situation Resulting situation after the triggering pe of previous to the transaction shares triggering transaction if Number Number Number of Number of voting % of voting possible of of shares rights rights using Shares Voting the ISIN Rights CODE Direct Direct Indirect Direct Indirect
Ordinary 84,303,670 84,303,670 shares 0 0 0 0 4.22 of 25 pence each ISIN GB000287 5804 B. Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration date Exercise/ Number of voting % of voting financial Conversio rights that may be rights instrument n Period acquired if the instrument is exercised/converted N/A C. Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise Expiration Exercise Number of % of voting financial price date /Convers voting rights rights instrument ion instrument Period refers to N/A Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 84,303,670 4.22 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Reinet Jersey Holdings Limited directly holds a 4.22% interest in the shares of British American Tobacco p.l.c.. 100% of the ordinary shares of Reinet Jersey Holdings Limited are held by Reinet Fund S.C.A., F.I.S., and in turn, 100% of the ordinary shares of Reinet Fund S.C.A., F.I.S. are held by Reinet Investments S.C.A.. Proxy voting 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: This notification is a technical notification resulting from a change to the chain of undertakings controlling Reinet Jersey Holdings Limited, the holder of the direct interest in the shares of British American Tobacco p.l.c. Reinet Jersey Holdings Limited`s direct holding of, and Reinet Investments S.C.A.`s ultimate indirect holding of, the voting rights in shares of British American Tobacco p.l.c. were previously notified and have not changed. This notification notifies the indirect holding held by Reinet Fund S.C.A., F.I.S. since 19 December 2008. 14. Contact name: Alan Grieve