Caledonia Regulatory News (CLDN)

For filings with the FSA include the annex

For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

LondonMetric Property Plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

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

An event changing the breakdown of voting rights

Other (please specify)

X

3. Full name of person(s) subject to notification obligation:

Caledonia Investments plc

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

5. Date of transaction (and date on which the threshold is crossed or reached if different):

28 January 2013

6. Date on which issuer notified:

30 January 2013

7. Threshold(s) that is/are crossed or reached:

6% and 5%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB00B4WFW713 33,497,094 33,497,094 33,497,094 33,497,094 4.67%

Ordinary 10p

shares

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

33,497,094

4.67%

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

Proxy Voting:

10. Name of 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:

The percentage holding has changed as a result of the issue of shares in connection with the all-share merger of London & Stamford Property plc and Metric Property Investments plc. The number of shares held by Caledonia Investments plc is unchanged.

14 Contact name:

Krista Burwood

15. Contact telephone name:

0207 802 8080