Posting of Annual Report and Accounts

For immediate release 29 March 2011

LXB Retail Properties PLC (the "Company")

Posting of Annual Report and Accounts

In accordance with Rules 20 and 26 of the AIM Rules, the Company confirms that the 2010 Annual Report and Accounts has been sent to shareholders and is available from the Company's website (www.lxbretailproperties.com) or, upon request, from the Company Secretary at Ogier House, The Esplanade, St Helier, Jersey, JE4 9WG.

For further information please contact:

LXB Manager LLP Tel: 020 7432 7900

Tim Walton, CEO

Brendan O'Grady, FD

Buchanan Communications Tel: 020 7466 5000

Charles Ryland / Nicola Cronk