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Holding(s) in Company

19th Nov 2007 07:00

Local Shopping REIT (The) PLC18 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: ( ) 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) : (X) The reduction in the total voting rights of The Local Shopping REIT plcfollowing the Company's recent acquisition of ordinary shares and the transferof these into Treasury has resulted in the notifier's holding crossing anotification threshold. 3. Full name of person(s) subject to the notification obligation: John Grahame Whateley 4. Full name of shareholder(s) (if different from 3.) : Castlemore Holdings LimitedCastlemore Securities FURBS SchemeJohn Grahame WhateleyDiane Whateley 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 9 November 2007 6. Date on which issuer notified: 16 November 2007 7. Threshold(s) that is/are crossed or reached: From 7% - 8% 8. Notified details: A: Voting rights attached to shares Situation previous to the Triggering transaction Class/type of shares if possible using the ISIN CODE Ord GBP 0.20 Number of Number of voting shares RightsGB00B1VS7G47 7,660,918 7,660,918 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 Ord GBP 0.20 Direct Direct Indirect Direct Indirect GB00B1VS7G47 747,126 747,126 6,913,792 0.80% 7.39% 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 7,660,918 8.19% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Castlemore Holdings Limited = 3.21%Castlemore Securities FURBS Scheme = 4.18%John Grahame Whateley = 0.80%Diane Whateley = 0.01% 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 revised total voting rights figure of 93,539,040 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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