Statement re Lee Family Investors Tender Offer

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

For immediate release 13 July 2015

Shaftesbury PLC

Statement re Lee Family Investors Tender Offer

The Directors of Shaftesbury plc ("Shaftesbury") note the announcement today that Orosi (UK) Ltd and PEL (UK) Ltd (entities ultimately beneficially owned by Mr Samuel Tak Lee) intend to acquire up to 25,868,852 ordinary Shaftesbury shares through a tender offer at 888 pence per Shaftesbury Share (the "Tender Offer").

The Tender Offer has not been solicited by the Shaftesbury Board. The Shaftesbury Board will review the Tender Offer and update shareholders if appropriate. Shareholders are urged to take no action.

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