Lettings update

LXB RETAIL PROPERTIES PLC

(the "Company" or the "Group")

Lettings update

LXB Retail Properties Plc, the Jersey resident closed-ended real estate investment company focused on edge of town and out of town retail assets, is pleased to report progress with the lettings at Greenwich, Sheppey, Stafford and Rushden Lakes.

Greenwich

A lease has completed today with Schmidt Kitchens on one of the two remaining retail pods of the Sainsbury's/M&S Charlton Riverside Scheme (formerly known as Maritime). The unit comprises 1,550 sq ft and leaves one unit of 1,670 sq ft to be let.

Sheppey

A pre-let has been agreed with a concession of Burger King to take a 2,750 sq ft unit on the A3 restaurants terrace at Sheppey.

Stafford

A pre-let has been agreed with Save our Soles to take a 1,000 sq ft unit at the Riverside Retail Park.

Rushden Lakes

Pre-lets have been agreed with Tiger (2,300 sq ft) and Clarks (2,279 sq ft) at Rushden Lakes.

For further information please contact: