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Correction : Treasury Shares Issued For S I P

17th Dec 2010 15:28

CORRECTED VERSION OF THIS ANNOUNCEMENT RELEASED AT 15.13 YESTERDAY IS NOW ATTACHED. NUMBERS OF TREASURY SHARES AND ISSUED SHARE CAPITAL IN FINAL PARAGRAPH HAVE BEEN AMENDED.

London & Associated Properties PLC ("the Company)

On 16 December 2010 the Company issued from Treasury 135,173 shares to cover issues under the Company's HMRC approved Share Incentive Plan (SIP) to directors and staff at 38.00 pence per share.

Directors and PDMR's receiving shares and directors' new beneficial holding totals are as follows -

ADDITIONAL NEW TOTAL % OF ISSUED SHARES HOLDING SHARESDirector -R J Corry 11,841 962,527 1.15%J A Heller 11,841 1,923,320 2.30%M C Stevens 11,841 922,326 1.10%PDMR's -Members of staff 99,650TOTAL 135,173 shares

The Company now holds 1,957,534 shares in Treasury. For reporting purposes under section 792 of the Companies Act 2006 the market should exclude any shares held in Treasury and use an issued share capital figure of 83,585,177 shares.

Date 17 December 2010

For further information, please contact:

Michael Stevens

Director/Secretary London & Associated Properties plc

Telephone number 020 7415 5000

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Related Shares:

London & Associated Properties
FTSE 100 Latest
Value8,468.28
Change-140.20