Director/PDMR Shareholding

For Immediate Release  1 July 2013

LXB RETAIL PROPERTIES PLC

(the "Company")

Director/PDMR Shareholding

The Company was informed on 1 July 2013 that on that day, Alastair Irvine, a director of the Company, sold 468,750 ordinary shares in the Company at a price of 115 pence per share.

Following this transaction Alastair Irvine holds an indirect interest in 2,500,000 ordinary shares in the Company.

For further information please contact:

LXB AdviserLLP Tel: 020 7432 7900

Tim Walton, CEO

Brendan O'Grady, FD

BuchananTel: 020 7466 5000

Charles Ryland/Sophie McNulty/Helen Greenwood

www.buchanan.uk.com