Total Voting Rights and Change to Block Listing

Development Securities PLC

Total Voting Rights and Change to Block Listing

Following an exercise of options on Friday 27 February 2015 over 14,208 ordinary shares of 50p each in Development Securities PLC granted under the Development Securities PLC Save As You Earn Option Plan 2005, the Company has released and allotted 14,208 ordinary shares of 50p each from the block listing maintained in respect of these options.

Following the allotment of these shares the Company confirms its total issued share capital is 125,071,211 ordinary shares, of which 118,792 are held as Treasury Shares; leaving a balance of 124,952,419 shares with voting rights. This figure 124,952,419 represents the total voting rights in the Company and may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.

For further information please contact:

Chris Barton

Company Secretary

Development Securities PLC

020 7828 4777