Retirement of Finance Director

FOR IMMEDIATE RELEASE 10 JULY 2014 LONDON & ASSOCIATED PROPERITES PLC RETIREMENT OF FINANCE DIRECTOR London & Associated Properties plc (`LAP' or the `Company'), the focused retailproperty investor and asset manager, announces that having helped LAP achieve asuccessful refinancing with Santander and Europe Capital Mezzanine Ltd, whichhas enabled the Company to strengthen its balance sheet and look to the futurewith confidence, Robert Corry, the Finance Director, has today announced hisintention to retire on 31 December 2014. John Heller, Chief Executive of LAP, commented that: "Robert has been anintegral part of the management team for the last 22 years. I would like tothank Robert for his valuable contribution during this time and take theopportunity to wish him well for a long, happy and healthy retirement. Furtherannouncements will be made in due course." END Contact:London & Associated Properties plc Tel: 020 7415 5000John Heller, Chief Executive Baron Philips Associates Tel: 020 7920 3161Baron Philips