Notification of major interest in shares

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

First Property Group

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

An acquisition or disposal of voting rights

x

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):

3. Full name of person(s) subject to thenotification obligation: iii

HSBC GLOBAL CUSTODY

NOMINEE ( UK ) LTD

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

Whitehall Associated S.A.

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

22 October 2012

6. Date on which issuer notified:

30 October 2012

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

4 %

8. Notified details:

A: Voting rights attached to shares

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction vi

Resulting situation after the triggering transaction vii

NumberofShares

NumberofVotingRights viii

Numberof shares

Number of votingrights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

GB0004109889

3,850,000

3,850,000

4,850,000

4,850,000

4.37%

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

Total (A+B)

Number of voting rights

Percentage of voting rights

4,850,000

4.37 %

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

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

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

13. Additional information:

14. Contact name:

Fabia Schulthess, HSBC Private Bank (Suisse) SA

15. Contact telephone number:

0041 58 705 3235

Annex: Notification of major interests in sharesxvi

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

Full name

(including legal form of legal entities)

Contact address

(registered office for legal entities)

Phone number

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

HSBC Private Bank (Suisse) SA

Fabia Schulthess

Contact address

Genferstrasse 8, 8027 Zurich, Switzerland

Phone number

+41 58 705 3235

Other useful information

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

C: Additional information