Publication of Report&Accounts&Notice of AGM

For immediate release 16 December 2011

LXB Retail Properties Plc

Publication of Report and Accounts and Notice of AGM

LXB Retail Properties plc (the "Company") has today published its Annual Report and Accounts for the year ended 30 September 2011 and Notice of Annual General Meeting, for the meeting scheduled to take place on Monday 9th January 2012 at 10.30 a.m. at Ogier House, The Esplanade, St Helier, Jersey, JE4 9WG.

These documents have been distributed to shareholders. Both documents are now available from the Company's website, www.lxbretailproperties.com.

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 / Suzanne Brocks