Transaction in Own Shares

27 June 2013

LXB RETAIL PROPERTIES PLC

(the "Company")

Transaction in Own Shares

On 27 June 2013 the Company purchased 170,000 of its own ordinary shares for cancellation at a price of 115p per share.

Following this purchase and cancellation the Company's issued share capital will consist of 228,962,127 ordinary shares. The total number of shares with voting rights in the Company will therefore be 228,962,127. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company.

For further information please contact:

LXB Manager LLP Tel: 020 7432 7900

Tim Walton, CEOBrendan O'Grady, FD

Buchanan Tel: 020 7466 5000

Charles Ryland/Sophie McNulty/Helen Greenwood