Share Ownership – 2012 Share Ownership – 2012 Results SummaryResults Summary

UK companies on London

Stock Exchange

(£1756.3bn)

‘Excluded (Not on CREST)(13% of LSE)

CREST(87% of LSE)

Remainder

Known paper share holdings

MultipleOwnership

(59% of LSE)

SingleOwnership

(41% of LSE)

sample

Building Blocks simplified Building Blocks simplified (31 December 2012)(31 December 2012)

Central Government holdings

The Sample The Sample

Companies on LSE are ranked Companies on LSE are ranked according to market value (share according to market value (share price x number of shares)price x number of shares)

Sample of 200 companies selected Sample of 200 companies selected (approx 1,800 listed)(approx 1,800 listed)

83 largest companies in terms of 83 largest companies in terms of capitalisation (those in excess of capitalisation (those in excess of £2.8bn)£2.8bn)

117 smaller companies (probability 117 smaller companies (probability of selection proportional to their of selection proportional to their capitalisation)capitalisation)

Combined to make the sample of Combined to make the sample of 200 companies which is provided to 200 companies which is provided to Euroclear to provide data on Euroclear to provide data on beneficial ownersbeneficial owners

The 200 companies represented The 200 companies represented 83% of the value of UK companies 83% of the value of UK companies on LSEon LSE

The SectorsThe SectorsCREST analyses run at 31 December 2012CREST analyses run at 31 December 2012

Sectorisation:Sectorisation:

IndividualsIndividuals Charities, churches etc Charities, churches etc

Insurance companiesInsurance companies Pension funds Pension funds

Investment trusts Investment trusts Unit trusts Unit trusts

Banks Banks Other financial institutions Other financial institutions

Private Non-financial companies Central GovernmentPrivate Non-financial companies Central Government

Local Government Local Government Public Corporations Public Corporations

Rest of the WorldRest of the World Multiple OwnershipMultiple Ownership

ExcludedExcluded – – shareholdings not on the electronic share register shareholdings not on the electronic share register

Single Ownership Single Ownership

Single ownership totalSingle ownership total

A. Sector split is summed for the large A. Sector split is summed for the large companies in CREST samplecompanies in CREST sample

B. An average of the percentage B. An average of the percentage sector split for each of the sampled sector split for each of the sampled CREST small companies is applied to CREST small companies is applied to the total value of shares of all small the total value of shares of all small companiescompanies

C. Total single ownership C = A + BC. Total single ownership C = A + B

Multiple Ownership Multiple Ownership

ExcludedExcluded

Exclusions from CRESTExclusions from CREST

Approximately 13% of value of the LSE Approximately 13% of value of the LSE at end-2012at end-2012

Holdings in material ie paper formHoldings in material ie paper form Allocate the large shareholdings in Allocate the large shareholdings in

paper form which can be allocated to a paper form which can be allocated to a relevant sector eg Central Governmentrelevant sector eg Central Government

Remaining exclusions allocated to Remaining exclusions allocated to individuals (88.4%) and RoW (11.6%)individuals (88.4%) and RoW (11.6%)

Allocations within building block (100% Allocations within building block (100% each block) – 31 December 2012each block) – 31 December 2012

Sector Single Ownership Multiple Ownership

Excluded

Rest of the World 20.2% 65.9% 9.4%

Other Financial Institutions

22.6% 0.5%

Individuals 14.4% 7.9% 71.6%

Insurance Companies 14.9% 3.5%

Unit Trusts 2.4% 15.0%

Pension Funds 4.6% 5.8%

Public Sector - 0.1% 19.0%

Banks 5.4% 0.7%

PNFCs 8.2% 0.1%

Investment Trusts 6.1% 0.1%

Charities, churches 1.1% 0.4%

Total %Total value

100%£487.4bn

100%£1,042.4bn

100%£226.5bn

Bringing building blocks togetherBringing building blocks together C. CREST Single ownership sector C. CREST Single ownership sector

splits for large and small companiessplits for large and small companies D. Apply multiple ownership splits to D. Apply multiple ownership splits to

total value of pooled nomineestotal value of pooled nominees E. CREST excluded splits E. CREST excluded splits

Central Government holdingsCentral Government holdings Individuals (88.4%) and rest of the Individuals (88.4%) and rest of the

world (11.6%)world (11.6%)

Total sector breakdown = C + D + ETotal sector breakdown = C + D + E

Allocations across building block Allocations across building block (100% is UK company (100% is UK company

holdings on LSE) holdings on LSE) – – 31 December 201231 December 2012

Sector Single Ownership

Multiple Ownership

Excluded Total

Rest of the World 5.6% 39.8% 1.2% 53.2%

Other Financial Institutions

6.3% 0.3% 6.6%

Individuals 4.0% 4.3% 9.2% 10.7%

Insurance Companies 4.1% 2.0% 6.2%

Unit Trusts 0.7% 8.7% 9.6%

Pension Funds 1.3% 3.4% 4.7%

Public Sector - 0.1% 2.5% 2.5%

Banks 1.5% 0.4% 1.9%

PNFCs 2.3% - 2.3%

Investment Trusts 1.7% 0.1% 1.7%

Charities, churches 0.3% 0.2% 0.6%

Total %Total value

27.8%£487.4bn

59.4%£1,042.4bn

12.9%£226.5bn

100%£1756.3bn