Director/PDMR Shareholding

LXB Retail Properties Plc

(the "Company")

Director/PDMR Shareholding

The Company was informed on 18 February 2014 that on that day, Jo Duffield, of LXB Adviser LLP, purchased 129,244 shares in the Company at a price of 129 pence per share. A further 65,368 shares in the Company were purchased by Jo Duffield's husband on 18 February 2014, also at 129 pence per share.

Following this transaction Jo Duffield and her husband jointly hold 440,200 shares in the Company which represents 0.24% of the Company's issued share capital.

The group headed by LXB3 Partners LLP includes LXB Adviser LLP and is a related party of the

Company. LXB Adviser LLP is the Investment Adviser to the LXB Retail Properties Plc Group.

Following the above transactions, the individual members of LXB3 Partners LLP (and their spouses) hold an aggregate total of 12,245,348 ordinary shares in the Company, which represents 6.67% of the Company's issued share capital.

For further information please contact:

LXB Adviser LLP Tel: 020 7432 7900

Tim Walton, CEO

Brendan O'Grady, FD

Buchanan Tel: 020 7466 5000

Charles Ryland/Sophie McNulty/Helen Greenwood

www.buchanan.uk.com