Holding(s) in Company

7 Jul 2008 15:16



TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

The Local Shopping REIT plc

2. Reason for the notification (place an X inside the appropriate bracket/s)

An acquisition or disposal of voting rights: (X)

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) : ( )

……………..

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

FIL Limited

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

Fidelity Investments International

Fidelity Investment Services Limited

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

2 July 2008

6. Date on which issuer notified:

4 July 2008

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

5%

  8. Notified details:

A: Voting rights attached to shares

Situation previous to the Triggering transaction

Resulting situation after the triggering transaction 

B: Financial Instruments

Resulting situation after the triggering transaction

Total (A+B)

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

FIL Limited is the parent holding company for various direct and indirect subsidiaries including:

Fidelity Investments International

Fidelity Investment Services Limited

Proxy Voting:

10. Name of the proxy holder:

FIL Limited

11. Number of voting rights proxy holder will cease to hold:

1,000,000

12. Date on which proxy holder will cease to hold voting rights:

2 July 2008

13. Additional information:

N/A

14. Contact name:

Bill Heaney, Company Secretary

15. Contact telephone number:

020 7292 0333