LSR.L Regulatory News (LSR)

2 May 2007 13:28

Local Shopping REIT (The) PLC02 May 2007 NOTIFICATION OF MAJOR INTERESTS IN SHARES All relevant boxes should be completed in block capital letters. 1. Name of listed company 2. Name of shareholder with a major interest The Local Shopping REIT plc Landsdowne Partners Ltd 3. Please state whether notification 4. Name of the registered holder(s)indicates that it is regarding the and, if more than one holder, the holding of the shareholder named in 2 number of shares held by each of themabove; in respect of a non-beneficialinterest; or in the case of an individual holder if it is a holding of that person's spouse or children underthe age of 18 N/A Morstan Nominees Ltd 5. Number of 6. Percentage of issued 7. Number of 8. Percentage of issuedshares/amount of class (any treasury shares/amount of class (any treasurystock acquired shares held by the stock disposed shares held by the listed company listed company should not be taken should not be taken into account when into account when calculating calculating percentage) percentage) 7,500,000 7.82% N/A N/A 9. Class of security 10. Date of 11. Date listed transaction company informed Ordinary Shares 1 May 2007 1 May 2007 12 Total holding following this 13 Total percentage holding of issuednotification class following this notification (any treasury shares held by the listed company should not be taken into account when calculating percentage) 7,500,000 7.82% 14 Any additional information 15 Name of contact and telephone number for queries Bill Heaney 020 7187 4444 16 Name and signature of duly authorised officer of the listed companyresponsible for making this Notification This information is provided by RNS The company news service from the London Stock Exchange