Holding(s) in Company

3 May 2007 11:16

Local Shopping REIT (The) PLC03 May 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting 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 theacquisition 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: Stichting Pensioenfonds ABP 4. Full name of shareholder(s) (if different from 3.) : ................. 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 2 May 2007 6. Date on which issuer notified: 2 May 2007 7. Threshold(s) that is/are crossed or reached: 3% 8. Notified details: ................. A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggeringthe ISIN CODE transaction Number of Number of voting shares Rights n/a 0 0 Resulting situation after the triggering transaction Class/type of shares if Number of Number of voting % of votingpossible using the ISIN shares rights rightsCODE Direct Direct Indirect Direct Indirect GB00B1VS7G47 3,000,000 3,000,000 n/a 3.126% n/a B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rights n/a Total (A+B)Number of voting rights % of voting rights3,000,000 3.126% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable. n/a Proxy Voting: 10. Name of the proxy holder:n/a 11. Number of voting rights proxy holder will cease to hold:n/a 12. Date on which proxy holder will cease to hold voting rights:n/a 13. Additional information:................. 14. Contact name: Bill Heaney, Company Secretary 15. Contact telephone number: 020 7187 4444 This information is provided by RNS The company news service from the London Stock Exchange