Response to Recent Press Speculation

25 February 2013

INTU PROPERTIES PLC

RESPONSE TO RECENT PRESS SPECULATION

Intu Properties plc ("Intu" or the "Company") notes the recent press speculation relating to a potential acquisition of Midsummer Place Shopping Centre (the "Centre") in Milton Keynes. The Company confirms that it is in advanced discussions to acquire the Centre from Legal & General Property.

Intu has adequate cash and undrawn facilities to fund the acquisition, but is also considering additional funding options, including an equity placing.

A further announcement will be made as appropriate.

Susan Marsden

Company Secretary

Intu Properties plc

+44 (0)20 7887 4220