TR-1 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") TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights British American Tobacco p.l.c. are attached: 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights x An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the The Capital Group Companies, Inc. notification obligation: 4. Full name of shareholder(s) See Section 9 (if different from 3.): 5. Date of the transaction and date on which 2 March 2016 the threshold is crossed or reached: 6. Date on which issuer notified: 3 March 2016 7. Threshold(s) that is/are crossed or Above 5% - aggregate of voting rights from reached: shares 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous shares to the triggering Resulting situation after the triggering transaction transaction if possible using Number Number Number Number of voting % of voting rights the ISIN CODE of of of shares rights Shares Voting Direct Direct Indirect Direct Indirect Rights Ordinary Shares (ISIN: 92,422,985 92,422,985 94,036,893 5.0443% GB0002875804) ADRs (ISIN: 127,524 255,048 284,218 0.0152% US1104481072) B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date Conversion rights that may be rights 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 voting % of voting financial price date Conversion rights instrument rights instrument period refers to Nominal Delta N/A Total (A+B+C) Number of voting rights Percentage of voting rights 94,321,111 5.0595% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Number of Percent of Shares Outstanding The Capital Group Companies, Inc. ("CG") holdings 94,321,111 5.0595% Holdings by CG Management Companies and Funds: • Capital Guardian Trust Company • Capital International, Inc. • Capital International Limited • Capital International Sàrl • Capital Research and Management Company Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will N/A cease to hold: 12. Date on which proxy holder will cease to N/A hold voting rights: 13. Additional information: N/A Bridget Creegan 14. Contact name: Assistant Secretary 15. Contact telephone number: 020 7845 1927 4 March 2016 Sponsor: UBS South Africa (Pty) Ltd Date: 04/03/2016 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.