Chairman's Letter and Notification of AGM

LXB Retail Properties Plc

(the "Company" or the "Group")

Chairman's Letter and Notification of AGM

LXB Retail Properties Plc, the Jersey resident closed-ended real estate investment company focused on edge of town and out of town retail assets, announces that the following documents have been posted on the Company's website (www.lxbproperties.com) and will be posted to shareholders on Wednesday 5 April 2017:

· Chairman's letter to shareholders

· Notice of Annual General Meeting

· Form of Proxy for Annual General Meeting

For further information please contact:

LXB Adviser LLP Tel: 020 7432 7900

Tim Walton, CEO

Brendan O'Grady, FD

J.P. Morgan Cazenove (NOMAD) Tel: 020 7742 4000

Bronson Albery/Paul Hewlett

Buchanan Tel: 020 7466 5000

Charles Ryland/Victoria Hayns/Patrick Hanrahan