15 January 2021

                             Vulcan Industries plc

            TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the underlying                Vulcan Industries plc
issuer of existing shares to which voting
rights are attachedii:

1b. Please indicate if the issuer is a non-UK issuer   (please mark with an "X"
if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with
an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights                                          X

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name                                            First Sentinel PLC

City and country of registered office (if       London, United Kingdom
applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office (if
applicable)

5. Date on which the threshold was crossed or   14/01/2021
reachedvi:

6. Date on which issuer notified (DD/MM/YYYY):  14/01/2021

7. Total positions of person(s) subject to the notification obligation

                      % of voting     % of voting rights  Total of both in  Total number of
                    rights attached   through financial     % (8.A + 8.B)   voting rights
                   to shares (total      instruments                        held in issuervii
                       of 8. A)       (total of 8.B 1 +
                                            8.B 2)

Resulting          3.99%                                  3.99%             265,453,605
situation on the
date on which
threshold was
crossed or reached

Position of        4.04%                                  4.04%
previous
notification (if
applicable)




8. Notified details of the resulting situation on the date on which the
threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of        Number of voting rightsix             % of voting rights
shares
ISIN code (if             Direct            Indirect              Direct             Indirect
possible)                (DTR5.1)           (DTR5.2.1)           (DTR5.1)           (DTR5.2.1)

Ordinary shares of £                                       3.99%
0.0004 each          10,600,000
GB00BKMDX634

SUBTOTAL 8. A        10,600,000                            3.99%

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial    Expiration Exercise/               Number of voting rights  % of voting
instrument           datex      Conversion Periodxi     that may be acquired if  rights
                                                        the instrument is
                                                        exercised/converted.

                                SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
(1) (b)

Type of          Expiration     Exercise/       Physical or cash  Number of      % of voting
financial        datex          Conversion      settlementxii     voting rights  rights
instrument                      Period xi

                                                SUBTOTAL 8.B.2




9. Information in relation to the person subject to the notification obligation
(please mark the
applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural             X
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entityxiv (please add additional rows as
necessary)

        Namexv          % of voting rights if    % of voting rights      Total of both if it
                       it equals or is higher     through financial      equals or is higher
                         than the notifiable      instruments if it      than the notifiable
                              threshold          equals or is higher          threshold
                                                 than the notifiable
                                                      threshold

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be
held

11. Additional informationxvi




Place of completion  London, United Kingdom

Date of completion   January 14, 2021