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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying London and Associated Properties issuer of existing shares to which voting PLC rights are attached: ii 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 James Balfour Hyslop the notification obligation: iii 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 20 June 2011 reached: v 6. Date on which issuer notified: 21 June 2011 7. Threshold(s) that is/are crossed or reached: vi, vii 3% 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 Number Number Number Number of % of voting using of of of voting rights x the ISIN CODE Shares Voting shares rights Rights Direct Indirect Direct Indirect xi xii Ordinary 2,516,258 2,516,258 2,541,258 2,541,258 3.02% 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 rights that may be rights xiv 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 Exercise Expiration Exercise/ Number of voting % of voting financial price date xvii Conversion rights instrument rights xix, xx instrument period refers to xviii 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 James Balfour Hyslop (including legal form of legal entities) Contact address Manor Farm House,Bloswood Lane,Witchurch, Hampshire RG28 7BN (registered office for legal entities) 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 Carlton House, 22a St James's Square, London SW1Y 4JH Phone number & email 020 7415 5000 firstname.lastname@example.org Other useful information(e.g. functional relationship with the person or legal entity subject to the notification obligation) Company Secretary C: Additional information For notes on how to complete form TR-1 please see the FSA website.