Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Local Shopping REIT Plc

2. Reason for the notification  (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): Amendment to TR 1 notice lodged in the name of the parent company Commonwealth Bank of Australia on the 10 August 2009

x

3. Full name of person(s) subject to the notification obligation:

Commonwealth Bank of Australia on behalf of the controlled undertakings;

Colonial First State Asset Management (Australia) Limited

First State Investments International Limited

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

24th November 2009

6. Date on which issuer notified:

1st June 2012

7. Threshold(s) that is/are crossed or reached:

4.06%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares

if possible using the ISIN CODE

Situation previous to the Triggering transaction

Resulting situation after the triggering transaction

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct x

Indirect xi

Direct

Indirect

GB00B1VS7G47

Below 3%

Below 3%

3,350,949

3,350,949

4.06

B: Financial Instruments

Resulting situation after the triggering transactio

Type of financial instrument

Expiration date

Exercise/ Conversion Period/ Date

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

3,350,949

4.06%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Colonial First State Asset Management (Australia) Limited 3,331,806 shares

First State Investments International Limited 19,143 shares

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

15. Contact telephone number:

A: Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities)

Colonial First State Asset Management (Australia) Limited

First State Investments International Limited

Contact address (registered office for legal entities)

Ground Floor Tower 1, 201 Sussex Street, Sydney, NSW, 2000, Australia

23, St Andrew Square, Edinburgh, EH2 1BB

Phone number

(02) 9118 7152

Other useful information (at least legal representative for legal persons)

Nathan Buckley - Legal Counsel

[email protected]

B: Identity of the notifier, if applicable

Full name

Bill Heaney

Contact address

6th Floor

Palladium House

1-4 Argyll Street

London W1F 7TA

Phone number

+44 (0)20 7292 0333

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

Company Secretary

C: Additional information

Shares issued used in calculation 82,505,853 shares