Director Declaration

19 June 2015

LXB Retail Properties plc

Director Declaration

In accordance with Rule 17 of the AIM Rules for Companies, LXB Retail Properties plc (the "Company") announces that Daniel John Kitchen, a Non-Executive Director of the Company, has notified the Company that he has been appointed as Non-Executive Chairman of Applegreen plc, whose shares were admitted to trading on AIM on 19 June 2015.

For further information please contact:

LXB Adviser LLP Tel: 020 7432 7900

Tim Walton, CEOBrendan O'Grady, FD

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

Bronson Albery / Paul Hewlett

Buchanan Tel: 020 7466 5000

Charles Ryland / Vicky Watkins / Jason Day