Directorate Change

Shaftesbury PLC

DIRECTORATE CHANGE

Shaftesbury PLC, a Real Estate Investment Trust investing in London's West End, today announces the appointment of Christopher Ward as Finance Director.

The Company announced on 3 October 2011 that Christopher Ward would be appointed to the Board on the commencement of his employment. He has today formally joined the Company and has been appointed to the Board.

There are no further details that are required to be disclosed in respect of his appointment under LR 9.6.13R of the Listing Rules of the UK Listing Authority.

Penny Thomas

Company Secretary

9 January 2012