Admission of shares to trading

LXB RETAIL PROPERTIES PLC

("LXB Retail" or the "Company")

Admission of shares to trading

Further to the announcements regarding its proposed Placing, LXB Retail confirms that 99,192,359 ordinary shares of no par value were admitted to trading on AIM and the CISX at 8:00am today.

The total number of voting rights as at 14 June 2011 has increased to 254,099,895. This figure can be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company, in accordance with those sections of the Disclosure Rules and Transparency Rules of the Financial Services Authority which are incorporated into the Company's articles of association.

Capitalised terms used, but not defined, in this announcement have the same meanings as given to them in the Company's circular posted to Shareholders in connection with the Placing, unless the context otherwise requires.

Enquiries

LXB Manager LLP Tel: 020 7432 7900

Tim Walton, CEO

Brendan O'Grady, FD

J.P. Morgan Cazenove (NOMAD, Joint Broker and Joint Bookrunner) Tel: 020 7588 2828

Robert Fowlds / Bronson Albery / Barry Meyers

Oriel Securities (Joint Broker and Joint Bookrunner) Tel: 020 7710 7600

Mark Young / Joe Winkley / Neil Langford

Buchanan Communications Tel: 020 7466 5000

Charles Ryland / Nicola Cronk