4th May 2007 16:51
Local Shopping REIT (The) PLC04 May 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: Landsdowne Partners Limited being the General Partner of Landsdowne PartnersLimited PartnershipLandsdowne UK Equity Fund LimitedLandsdowne Partners International Limited 4. Full name of shareholder(s) (if different from 3.) : Morstan Nominees Limited 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 1 May 2007 6. Date on which issuer notified: 3 May 2007 7. Threshold(s) that is/are crossed or reached: 8% 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 7,500,000 7,500,000 Resulting situation after the triggering transaction Class/type of shares if possible Number of Number of voting % of votingusing the ISIN CODE shares rights rights Direct Direct Indirect Direct Indirect GB00B1VS7G47 0 0 7,750,000 0.0% 8.02% 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 7,750,000 8.02% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Landsdowne Partners International Limited is the parent undertaking ofLandsdowne Partners Limited Proxy Voting: 10. Name of the proxy holder: Landsdowne Partners Limited 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: 1. Landsdowne Partners Limited being the General Partner of Landsdowne Partners Limited Partnership ('LPLP') controls 7,750,000 voting rights representing 8.02% 2. Landsdowne UK Equity Fund Limited owns 7,383,857 voting rights representing 7.64% The balancing 0.38% of shares is held on behalf of other client funds managed byLPLP. 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 ExchangeRelated Shares:
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