Tate & Lyle PLC — Major Shareholding Notification 2013

Feb 25, 2013

National Storage Mechanism | Additional information

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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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 notification obligation: iii				TIAA-CREF Investment Management, LLC on behalf of the accounts listed in Exhibit B attached hereto Teachers Advisors, Inc. on behalf of the funds listed in Exhibit C attached hereto
4. Full name of shareholder(s) (if different from 3.):iv				See Number 3
5. Date of the transaction and date on which the threshold is crossed or reached: v				22/02/2013
6. Date on which issuer notified:				25/02/2013
7. Threshold(s) that is/are crossed or reached: vi, vii				4%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE		Situation previous to the triggering transaction												Resulting situation after the triggering transaction
	Number of Shares						Number of Voting Rights						Number of shares
			Direct						Direct xi				Indirect xii		Direct
GB0008754136		18,654,967						18,654,967						18,370,285
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument						Expiration date xiii				Exercise/ Conversion Period xiv
N/A						N/A				N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument				Exercise price				Expiration date xvii				Exercise/ Conversion period xviii
N/A				N/A				N/A				N/A
					N/A						N/A
Total (A+B+C)
Number of voting rights
18,370,285

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
The College Retirement Equities Fund (“CREF”) hereby informs you that on February 22, 2013, CREF sold 284,682 shares bringing the holdings to 5,569,340 shares of Tate & Lyle PLC. CREF owns these shares through three of its investment accounts, the Global Equities Account, Stock Account and Social Choice Account. It is our understanding the total voting shares outstanding of Tate & Lyle PLC is 466,280,402 bringing CREF’s ownership in your company to a 1.194% level. For your information, CREF is a U.S. based investment company, which is registered with the Securities and Exchange Commission (“SEC”). CREF has multiple investment accounts, each with separate investment objectives and policies. All assets in the accounts are beneficially owned by CREF, and all the accounts are managed by TIAA-CREF Investment Management, LLC, an SEC registered investment adviser. Additionally, affiliates of CREF own 12,800,945 shares of Tate & Lyle PLC. These holdings are owned by the TIAA-CREF Funds (“Funds”) and TIAA-CREF Life Funds (“Life Funds”) each of which are SEC registered investment companies. The Funds, Life Funds are managed by Teachers Advisors, Inc., an SEC registered investment adviser that is affiliated with TIAA-CREF Investment Management, LLC. These affiliated funds, aggregated with those of CREF, own a total of 18,370,285 shares or 3.940% of the outstanding voting shares of your company. Because Teachers Advisors, Inc. and TIAA-CREF Investment Management, LLC follow the same policies when voting these funds, we are aggregating the holdings for purposes of this letter. (See Exhibit A attached hereto)
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:		None
14. Contact name:		Stuart R. Brunet
15. Contact telephone number:		+1 415 882 3711
Listed Company Contact name:		Lucie Gilbert Company Secretary 020 7257 2100

Exhibit A.

TIAA-CREF
Summary of Holdings of Tate & Lyle PLC
Between February 21, 2013 – February 22, 2013

		TIAA-CREF Investment Management LLC ("CREF")
		Global Equities Account		Stock Account		Social Choice Account		Total CREF Holdings		Total CREF %
Holdings as of February 21, 2013		449,662		5,391,814		12,546		5,854,022		1.255%
Transactions as of February 22, 2013		-		(284,682)		-		(284,682)		-0.061%
Holdings as of February 22, 2013		449,662		5,107,132		12,546		5,569,340		1.194%

		Teachers Advisors, Inc.
		TIAA-CREF International Equity Fund		TIAA-CREF Life International Equity Fund		TIAA-CREF Intl Equity Index Fund		TIAA-CREF ENH Intl Equity Index Fund		Active Extension Fund I		Total Mutual Funds Holdings		Total Mutual Funds %
Holdings as of February 21, 2013		12,109,639		310,118		177,907		203,281		0		12,800,945		2.745%
Transactions as of February 22, 2013		-		-		-		-		-		-		0.000%
Holdings as of February 22, 2013		12,109,639		310,118		177,907		203,281		0		12,800,945		2.745%

		Aggregate Holding
		Total Holdings		Total %
Holdings as of February 21, 2013		18,654,697		4.001%
Transactions as of February 22, 2013		(284,682)		-0.061%
Holdings as of February 22, 2013		18,370,285		3.940%

Total Voting Shares Outstanding 466,280,402

Exhibit B.

TIAA-CREF Investment Management, LLC

College Retirement Equities Fund (“CREF”) *

• CREF Stock Account
• CREF Global Equities Account
• CREF Social Choice Account

* Registered Investment Company

Exhibit C.

Teachers Advisors, Inc.

TIAA-CREF Funds *

• International Equity Fund
• International Equity Index Fund
• Enhanced International Equity Index Fund

TIAA-CREF Life Funds *

• Life International Equity Fund

* Registered Investment Company