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Holding(s) in Company

10th Sep 2007 10:01

Local Shopping REIT (The) PLC10 September 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: AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies 4. Full name of shareholder(s) (if different from 3.) : 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 04/09/2007 6. Date on which issuer notified: 06/09/2007 7. Threshold(s) that is/are crossed or reached: Above 5% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggeringthe ISIN CODE transaction Number of Number of voting shares Rights GB00B1VS7G47 4,898,350 4,898,350 Resulting situation after the triggering transaction Class/type of shares if Number of Number of voting rights % of votingpossible using the ISIN CODE shares rights Direct Direct Indirect Direct Indirect GB00B1VS7G47 103,417 103,417 4,944,933 0.10% 4.92% 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 5,048,350 5.03% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Name of Company / Fund Number of Shares % of issued capitalAXA UK Investment Co ICVC UK SmallerCompanies Fund 319,933 0.31861IndirectSun Life Assurance Ltd FTSE All ShareTracker 17,318 0.01725DirectSun Life Pensions Management FTSE AllShare Tracker 86,099 0.08574DirectAXA Framlington Managed Income 425,000 0.42325IndirectAXA Framlington Equity Income 4,200,000 4.18268IndirectTotal Direct 103,417 0.10299Total Indirect 4,944,933 4.92454 TOTAL 5,048,350 5.02753 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: 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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