Transaction in Own Shares

31 January 2012

LONDON & STAMFORD PROPERTY PLC

("London & Stamford" or "LSP")

TRANSACTION IN OWN SHARES

London & Stamford Property Plc (LSE: LSP.L) announces that on 30 January 2012 it purchased 3,000,000 ordinary shares at an average price of 105.25 pence per share. The purchased shares will be held as treasury shares. Following the above purchase, LSP holds 3,000,000 ordinary shares in treasury, and has 542,795,171 ordinary shares in issue (excluding treasury shares).

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Notes to editors:

London & Stamford Property Plc was set up to exploit opportunities that it anticipated in the UK property cycle and is a group UK-REIT. The Company has a highly experienced management team and invests in and actively manages commercial and residential property, including office, retail and industrial real estate assets, principally in the UK, and has a property portfolio which now comprises 39 assets, all of which are located in the UK.

The Company is traded on the London Stock Exchange's Main Market (LSP.L) and is authorised by the FSA to carry out certain regulated activities.

Further information on the Company is available from the Company's website: www.londonandstamford.com