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Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer of existing      London & Associated
shares to which voting rights are attached:ii                         Properties plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                         Yes

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation:iii     James Balfour
                                                                            Hyslop

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date on which the threshold is crossed   11 January 2013
or reached: v

6. Date on which issuer notified:                                       14 January 2013

7. Threshold(s) that is/are crossed or reached: vi, vii                       4%

8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type of      Situation previous              Resulting situation after
shares              to the triggering                   the triggering
                       transaction                        transaction

if possible using             Number                     Number           % of voting
the ISIN CODE       Number      of      Number             of               rights x
                      of      Voting      of             voting
                    Shares    Rights    shares           rights

                                        Direct   Direct xi Indirect xii Direct  Indirect

Ordinary           3,336,258 3,336,258 3,376,258 3,376,258              4.0056%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial  Expiration       Exercise/           Number of voting    % of voting
    instrument     date xiii  Conversion Period xiv    rights that may be      rights
                                                        acquired if the
                                                         instrument is
                                                     exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial  Exercise Expiration    Exercise/    Number of voting    % of voting
    instrument      price    date xvii   Conversion   rights instrument  rights xix, xx
                                        period xviii      refers to

                                                                         Nominal  Delta

Total (A+B+C)

        Number of voting rights                    Percentage of voting rights

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

15. Contact telephone number:

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification
obligation

Full name
(including legal form of legal                       James Balfour Hyslop
entities)

Contact address                           Manor Farm House, Bloswood Lane, Witchurch,
(registered office for legal entities)                Hampshire RG28 7BN

Phone number & email

Other useful information
(at least legal representative for
legal persons)

B: Identity of the notifier, if applicable

Full name                                                               Heather Curtis

Contact address                                                        24 Bruton Place,
                                                                        London W1J 6NE

                                                                        020 7415 5000
Phone number & email
                                                                      h.curtis@lap.co.uk

Other useful information(e.g. functional relationship with the person Company Secretary
or legal entity subject to the notification obligation)

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.

END

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