Public opening position disclosure by a party to an offer Hammerson plc (Incorporated in England and Wales) (Company number 360632) LSE share code: HMSO JSE share code: HMN ISIN: GB0004065016 (“Hammerson” or “the Company”) FORM 8 (OPD) PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER Rules 8.1 and 8.2 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Hammerson plc (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose Offeree – Intu Properties plc relevant securities this form relates: Use a separate form for each offeror/offeree (d) Is the discloser the offeror or the offeree? OFFEROR (e) Date position held: 15 DECEMBER 2017 The latest practicable date prior to the disclosure (f) In addition to the company in 1(c) above, is the YES discloser making disclosures in respect of any If YES, specify which: other party to the offer? Hammerson plc If it is a cash offer or possible cash offer, state “N/A” 2. POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates Class of relevant security: N/A Interests Short positions Number % Number % (1) Relevant securities owned N/A - N/A - and/or controlled: (2) Cash-settled derivatives: N/A - N/A - (3) Stock-settled derivatives N/A - N/A - (including options) and agreements to purchase/sell: N/A - N/A - TOTAL: All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL). (b) Rights to subscribe for new securities Class of relevant security in relation to N/A which subscription right exists: Details, including nature of the rights N/A concerned and relevant percentages: 3. POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE Details of any interests, short positions and rights to subscribe (including directors’ and other employee options) of any person acting in concert with the party to the offer making the disclosure: a) Beneficial holdings of subsidiaries of Hammerson plc in Intu Properties plc Percentage of issued share Name Number of shares capital Martineau Galleries (GP) Limited 447 0.000033% Bull Ring (GP) Limited 464 0.000034% b) Share interests of connected advisers of Hammerson plc in Intu Properties plc JPMorgan Chase Bank, N.A. (Custody): Class of Ordinary shares relevant security Interests Short Positions Number % Number % Relevant 90 0.000007% - - securities owned and/or controlled Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL). 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none” None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none” None (c) Attachments Are any Supplemental Forms attached? Supplemental Form 8 (Open Positions) NO Supplemental Form 8 (SBL) NO Date of disclosure: 19 December 2017 Contact name: Sarah Booth Telephone number: 44 (0) 20 7887 1000 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk. Hammerson has its primary listing on the London Stock Exchange and a secondary inward listing on the Johannesburg Stock Exchange. Joint Sponsors: Deutsche Securities (SA) Proprietary Limited Java Capital Date: 19/12/2017 05:15:00 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. 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