Change of Listing Category on the Official List

2 August 2012

                      LONDON & ASSOCIATED PROPERTIES PLC                       

                CHANGE OF LISTING CATEGORY ON THE OFFICIAL LIST                

London & Associated Properties PLC (the "Company"), the specialist retail
investor, announces that following a resolution approved by its shareholders at
the General Meeting on 4 July 2012, the Company's listing category has today
been transferred from "Premium Listing" to "Standard Listing".

                                     Ends.                                     

Contact:

London& Associated Properties PLC Tel: [phone]

John Heller, Chief Executive

Robert Corry, Finance Director

Baron Phillips Associates Tel: [phone]

Baron Phillips