Annual Report and Accounts

London & Associated Properties plc

Annual Report & Accounts and

Notice of Annual General Meeting

London & Associated Properties plc has today published its Annual Report and
Accounts for the year ended 31 December 2002 and Notice of Annual General
Meeting.

Copies of these documents may be obtained from the company's Registered Office
at 8-10 New Fetter Lane, London EC4A 1AF or may be downloaded from
www.laprops.co.uk.

Copies of the above documents have also been submitted to the UKLA, and will
shortly be available for inspection at the UKLA's Document Viewing Facility,
which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London E14 5HS

Tel. [phone]

9 May 2003

END