Posting of Shareholder Circular and Notice of EGM

For immediate release 30 September 2013

LXB Retail Properties Plc

Posting of Shareholder Circular and Notice of Extraordinary General Meeting

LXB Retail Properties plc (the "Company") has posted a circular to its shareholders regarding the authority for the Company to purchase its own shares (the "Circular").

The Circular contains a notice convening an Extraordinary General Meeting of shareholders, to take place on Tuesday 15th October 2013 at 10.30 a.m. at Ogier House, The Esplanade, St Helier, Jersey, JE4 9WG, at which approval for the authority will be sought.

Copies of the documents posted to shareholders are now available from the Company's website, www.lxbretailproperties.com.

For further information please contact:

LXB Adviser LLP Tel: 020 7432 7900

Tim Walton, CEO

Brendan O'Grady, FD

Buchanan Communications Tel: 020 7466 5000

Charles Ryland / Sophie McNulty / Helen Greenwood