Director/PDMR Shareholding

LXB Retail Properties Plc

(the "Company")

Director/PDMR Shareholding

The Company was informed on 6 August 2014 that on that day, Tim Walton, of LXB Adviser LLP, purchased 250,000 shares in the Company at a price of 130 pence per share. 

Following this transaction Tim Walton holds 4,699,977 shares in the Company which represents 2.56% of the Company's issued share capital.

The group headed by LXB3 Partners LLP includes LXB Adviser LLP which 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 12,495,348 ordinary shares in the Company, which represents 6.8% 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/Clare Akhurst

www.buchanan.uk.com