Notification of AGM

5 February 2016

LXB RETAIL PROPERTIES PLC

(the "Company" or the "Group")

Chairman's letter to shareholders

Notification of Annual General Meeting

Circular of proposals to be considered at an Extraordinary General Meeting

LXB Retail Properties Plc, the Jersey resident closed-ended real estate investment company focused on edge of town and out of town retail investments, today announces that the following documents have been posted on the Company's website and are being posted to shareholders:-

· Chairman's letter to shareholders

· Notice of Annual General Meeting

· Form of Proxy for Annual General Meeting

· Circular detailing proposals for consideration at an Extraordinary General Meeting

· Form of Proxy for Extraordinary General Meeting

The documents may be located in the Investor Relations section of the website at www.lxbproperties.com.

For further information please contact:

LXB Adviser LLP Tel: 020 7432 7900

Tim Walton, CEOBrendan O'Grady, FD

J.P. Morgan Cazenove (NOMAD) Tel: 020 7742 4000

Bronson Albery / Paul Hewlett

Stifel Tel: 020 7710 7600

Mark Young/Tunga Chigovanyika

Buchanan Tel: 020 7466 5000 Tel: 020 7466 5000

Charles Ryland/Vicky Watkins