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Holding(s) in Company

1st Nov 2007 10:32

Local Shopping REIT (The) PLC01 November 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: The Local Shopping REIT plc 2. Reason for the notification (place an X inside the appropriate bracket/s) An acquisition or disposal of voting rights: (X) An acquisition or disposal of financial instruments which may result in theacquisition of shares already issued to which voting rights are attached: ( ) An event changing the breakdown of voting rights: ( ) Other (please specify) : ( ) ................. 3. Full name of person(s) subject to the notification obligation: Legal & General Group Plc (L&G) 4. Full name of shareholder(s) (if different from 3.) : Legal & General Assurance (Pensions Management) Limited (PMC) 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 17 October 2007 6. Date on which issuer notified: 31 October 2007 7. Threshold(s) that is/are crossed or reached: From 3% - 4% (L&G) 8. Notified details: A: Voting rights attached to shares Situation previous to the Triggering transaction Class/type of shares if possible using theISIN CODEOrd GBP 0.20 Number of Number of voting shares Rights GB00B1VS7G47 3,407,500 3,407,500 Resulting situation after the triggering transaction Class/type of shares if Number of Number of voting % of votingpossible using the ISIN CODE shares rights rights Ord GBP 0.20 Direct Direct Indirect Direct Indirect GB00B1VS7G47 3,919,238 3,919,238 4.01% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rights n/a Total (A+B)Number of voting rights % of voting rights 3,919,238 4.01% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Legal & General Group Plc (Direct and Indirect) ("Group") Legal & General Investment Management (Holdings) Limited ("LGIMH") (Direct andIndirect) Legal & General Investment Management Limited ("LGIM") (Indirect) Legal & General Group Plc ("L&G") (Direct) 3,919,238 - 4.01% = LGAS, LGPL & PMC Legal & General Investment Management (Holdings) Limited ("LGIMHD") (Direct)3,490,072 - 3.57% = PMC Legal & General Insurance Holdings Limited ("LGIH") (Direct) Legal & General Assurance (Pensions Management) Limited ("PMC") 3,490,072- 3.57%= PMC Legal & General Assurance Society Limited ("LGAS" & "LGPL") Legal & General Pensions Limited ("LGPL") (Direct) Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: Notification using the total voting rights figure of 97,539,040 L&G report that their notification was delayed owing to a large number ofdisclosures required following the acquisition of a substantial amount of newbusiness in the form of in-specie transfers. 14. Contact name: Bill Heaney, Company Secretary 15. Contact telephone number: 020 7187 4444 This information is provided by RNS The company news service from the London Stock Exchange

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