FOR IMMEDIATE RELEASE

2 July 2010

London & Associated Properties PLC (“LAP”)

Further to the announcement on 8 June 2010, the Board of LAP confirms that
1,620,682 Ordinary Shares of 10p each in LAP have been allotted in relation to
the Capitalisation Issue and are expected to be admitted to trading on 2 July
2010.

Ends

Contact:

London & Associated Properties Plc Tel: 020 7415 5000
John Heller, Chief Executive
Robert Corry, Finance Director

Baron Phillips Associates Tel: 020 7920 3161
Baron Phillips

END