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Lon.&Assoc.Props PLC Treasury Shares Issued For Share Incentive Plan

TIDMLAS

London & Associated Properties PLC ("the Company)

On 16 December 2010 the Company issued from Treasury 135,173 shares to cover
issues under the Company's HMRC approved Share Incentive Plan (SIP) to
directors and staff at 38.00 pence per share.

Directors and PDMR's receiving shares and directors' new beneficial holding
totals are as follows -

ADDITIONAL NEW TOTAL % OF ISSUED
SHARES HOLDING SHARES

Director -

R J Corry 11,841 962,527 1.15%

J A Heller 11,841 1,923,320 2.30%

M C Stevens 11,841 922,326 1.10%

PDMR's -

Members of staff 99,650

TOTAL 135,173 shares

The Company now holds 1,950,615 in Treasury. For reporting purposes under
section 792 of the Companies Act 2006 the market should exclude any shares held
in Treasury and use an issued share capital figure of 83,592,096 shares.

Date 16 December 2010

For further information, please contact:

Michael Stevens

Director/Secretary London & Associated Properties plc

Telephone number 020 7415 5000



END

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