Change of Registered Office

For immediate release 20 September 2010

LXB Retail Properties Plc ("LXB Retail", the "Company")

Change of Registered Office

LXB Retail announces the change, effective from Thursday 16 September 2010, of the registered office of the Company to Ogier House, The Esplanade, St Helier, Jersey JE4 9WG.

For further information please contact:

LXB Manager LLP Tel: 020 7432 7900

Tim Walton, CEO

Brendan O'Grady, FD

Buchanan Communications Tel: 020 7466 5000

Charles Ryland / George Prassas

Ogier Fund Administration (Jersey) Limited Tel: 01534 504000

Michelle Evans/ Hollie Falle