Notification of major interest in shares

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii)

easyJet plc

2. Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: ( Yes )

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( No )

An event changing the breakdown of voting rights: ( No )

Other (please specify) : ( No )

3. Full name of person(s) subject to the notification obligation (iii):

Schroders plc

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

5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):

2 June 2008

6. Date on which issuer notified:

3 June 2008

7. Threshold(s) that is/are crossed or reached:

5%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE
GB0001641991

Situation previous to the Triggering transaction (vi)

Number of sharesNumber of voting Rights (viii)
N/AN/A


Resulting situation after the triggering transaction (vii)

Class/type of shares if possible using the ISIN CODE
GB0001641991

Number of shares
24,455,683

Number of voting rights (ix)
Direct (x)Indirect (xi)
N/A23,157,015

% of voting rights
DirectIndirect
N/A5.50%

B: Financial Instruments
Resulting situation after the triggering transaction (xii)

Type of financial instrumentExpiration Date (xiii)Exercise/Conversion Period/ Date (xiv)Number of voting rights that may be acquired if the instrument is exercised/ converted% of voting rights

Total (A+B)

Number of voting rights% of voting rights
23,157,0155.50%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):

Schroder Investment Management Limited 23,157,015 5.50%

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

13. Additional information:

The shares referred to in section 9 are held in portfolios managed by those firms on a discretionary basis for clients under investment management agreements.

14. Name of Contact and telephone number for queries:

Rachel Kentleton, Investor Relations - 07961 754 468
Toby Nicol , Corporate Communications - 01582 525 339

15. Date

3 June 2008