Additional Listing

Intu Properties plc - Additional Listing

PR Newswire

London, May 22

22 May 2013

INTU PROPERTIES PLC (the "Company")

ISSUE OF SHARES AND DIRECTOR AND PDMR SHAREHOLDING

An application has been made to the UK Listing Authority, the London StockExchange and the Johannesburg Stock Exchange for 1,721,664 ordinary shares of50 pence each (the "New Shares"), allotted to the Trustee of the Company'sEmployee Share Ownership Plan (the "Trustee") in connection with the Company'sPerformance Share Plan ("PSP)), to be admitted to the Official List. The NewShares will be held in trust and will be used to satisfy the future vesting ofawards under the terms of the PSP which was approved by shareholders at theCompany's Annual General Meeting on 8 May 2013.

It is expected that permission to admit the New Shares will be granted on 24May 2013 and that dealings will commence on 28 May 2013. The New Shares willrank pari passu in all respects with the Company's existing issued ordinaryshares.

Under the terms of the PSP, all participants may be invited to participate inthe Joint Share Ownership Plan ("JSOP") which forms part of the PSP and offersa tax efficient alternative to holding awards under the PSP in return for anupfront, non-refundable tax charge incurred by the participant. The JSOP isstructured in a manner acceptable to the ABI and RREV. Under the JSOP sharesare held jointly by the employee and the Trustee with any increases in theshare price being allocated between the joint owners in accordance with theterms of the JSOP. Conditions for vesting (including satisfaction ofperformance conditions), forfeiture and lapse are in accordance with the rulesof the PSP.

Set out below are details of awards of nil-cost options under the PSP made toExecutive Directors and PDMRs on 21 May 2013 on the basis of a market price of£3.57. The table also shows the Executive Directors and PDMRs who have electedto receive their PSP awards under the JSOP.

* Awards vest in accordance with the rules of the PSP and subject to thesatisfaction of the performance conditions set out in the Company's Notice of2013 Annual General Meeting which can be downloaded from our website:www.intugroup.co.uk/investors/shareholders-bondholders/annual-general-meeting/