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19 June 2012 LONDON & ASSOCIATED PROPERTIES PLC POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING London & Associated Properties PLC (the "Company"), has today published a circular (the "Circular") containing details of a proposed transfer of the Company's category of equity share listing on the Official List from a premium listing to a standard listing(the "Proposed Transfer"), including the Notice of the General Meeting to be held at 24 Bruton Place, London W1J 6NE, on Wednesday 4 July 2012 at 11.00 a.m. A copy of the Circular has been submitted to the Financial Services Authority's National Storage Mechanism and will shortly be available for inspection online at: www.hemscott.com/nsm.do. Copies of the Circular will also be made available on the Company's website at www.lap.co.uk and will be available during usual business hours on any weekday (Saturdays, Sundays and public holidays excepted) at the registered office of the Company, 24 Bruton Place, London W1J 6NE until seven days after the conclusion of the General Meeting. The timetable for the Proposed Transfer is as follows: Event Time and/or Date Dispatch of the Circular to Shareholders 19 June 2012 Latest time and date for receipt of Forms of Proxy 11.00 a.m. on 2 July 2012 General Meeting 11.00 a.m. on 4 July 2012 Expected date upon which the transfer of listing to 2 August 2012 standard listing will become effective Note: Each of the times and dates above are indicative only and subject to change without consultation. If any of the above times and/or dates change, the revised times and/or dates will be notified by announcement on a Regulatory Information Service. References in this document to time are to London time, unless specified otherwise. Unless otherwise defined, terms used in this announcement have the defined meaning given to them in the Circular. Ends. For further information, please contact: 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