Director/PDMR Shareholding

LXB RETAIL PROPERTIES PLC

(the "Company")

Director/PDMR Shareholding

The Company was informed on 24 July 2015 that on that day Tim Walton of LXB Adviser LLP, purchased 200,000 shares in the Company at a price of 82 pence per share.

Following this transaction Tim Walton holds 7,399,977 shares in the Company which represents 4.03% 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 transaction, the individual members of LXB3 Partners LLP (and their spouses) hold an aggregate total of 15,662,141 ordinary shares in the Company, which represents 8.53% of the Company's issued share capital.

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/Sophie McNulty/Jason Day