Director/PDMR Shareholding

LXB RETAIL PROPERTIES PLC

(the "Company" or the "Group")

Director/PDMR Shareholding

The Company was informed on 10 June 2016 that on that day, Tim Walton, of LXB3 Partners LLP, purchased 4,000,000 shares in the Company at a price of 64.8 pence per share.

Following this transaction, Tim Walton holds 11,399,977 shares in the Company which represents 6.8% 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 17,673,477 ordinary shares in the Company, which represents 10.5% of the Company's issued share capital.

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