Marks & Spencer Group PLC — Capital/Financing Update 2012

Dec 4, 2012

0015917-0000071 ICM:16211240.1

Marks and Spencer plc

(Incorporated with limited liability in England and Wales with registered number 214436)
(the Issuer)

NOTICE

to the holders of the
£250,000,000 Putable Callable Reset
Notes due 2037 of the Issuer
presently outstanding
(the Noteholders and the Notes respectively)

ISIN: XS0335844402 Common code: 033584440

NOTICE IS HEREBY GIVEN to the holders of the above Notes that, the Assignable Call Option Holder (currently The Royal Bank of Scotland plc) intends to acquire all of the Notes on the Reset/Put Date.

This Notice is given by

Marks and Spencer plc
Waterside House
35 North Wharf Road
London W2 1NW

Dated 4 December 2012

0015917-0000071 ICM:16211240.1