FOR IMMEDIATE RELEASE

    12 February 2016

             London & Associated Properties PLC ("the Company" or "LAP"):          

                               Director's Share Dealing                            

    On 11 February 2016 the Company was notified that A K Thapar, LAP's Finance
    Director and Company Secretary, sold 111,847 10p ordinary shares in the Company
    ("Ordinary Shares") at a price of 25p.

    Following this transaction, A K Thapar has a beneficial interest in 120,000
    Ordinary Shares representing 0.14% of the issued share capital of the Company.

    This notice is given in fulfilment of the obligations under DTR 3.1.4R(1).

                                         Ends.                                     

    For further information, please contact:
    Anil Thapar
    Company Secretary
    London & Associated Properties PLC
    Tel: 020 7415 5000