Lsl Prop Regulatory News (LSL)

For Immediate Release

21st December 2015

LSL Property Services plc ("LSL")

Board Changes

LSL, a leading UK provider of residential property services incorporating estate agency and surveying businesses, today announces the following Board changes, which will take effect from the 2016 AGM.

Mark Morris, who has been a Non Executive Director and Chairman of the Audit Committee since LSL's IPO in 2006, will retire from the Board and its Committees at the 2016 AGM, which is scheduled to take place in April 2016.

David Stewart, who joined the Board as a Non Executive Director in May 2015, will stand for re-election at the 2016 AGM as a Non Executive Director and as Chairman of the Audit Committee. David is also a member of LSL's Remuneration and Nominations Committees.

In accordance with best practice, all of the Directors will stand for election/re-election at the 2016 AGM.

Commenting on the changes, Simon Embley, Chairman said:

"These changes are part of the Board's continued desire to implement an orderly succession. Mark, having completed nine years on the Board, has agreed to continue until the 2016 AGM to support David in taking on the role of Chairman of the Audit Committee. I want to thank Mark, on behalf of the Board, for his significant contribution to the growth and success of LSL since our IPO."

There is no further information to be disclosed in accordance with Listing Rule 9.6.13.

For further information please contact:

Ian Crabb, Group Chief Executive Officer

Adam Castleton, Group Finance Director

LSL Property Services plc 0207 382 0360

Richard Darby

Sophie McNulty

Buchanan 0207 466 5000

For further information about LSL visit: www.lslps.co.uk