Holding(s) in Company

SCHEDULE 10 NOTIFICATION OF MAJOR INTERESTS IN SHARES 1) Name of company LONDON & ASSOCIATED PROPERTIES 2) Name of shareholder having a major interest EXETER ASSET MANAGEMENT LIMITED 3) Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 SEE BOX 2 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them EXETER FINANCIALS FUND LIMITED 3,000,000 EXETER SMALLER COMPANIES UNIT TRUST 400,000 EXETER OEIC: HIDDEN VALUE PORTFOLIO 25,000 5) Number of shares/amount of stock acquired N/A 6) Percentage of issued class N/A 7) Number of shares/amount of stock disposed 1,011,059 SOLD BY EXETER EQUITY GROWTH & INCOME FUND LIMITED 250,000 SOLD BY EXETER EQUITY INCOME FUND TOTAL: 1,261,059 8) Percentage of issued class 1.26% - EXETER EQUITY GROWTH & INCOME FUND LIMITED 0.31% - EXETER EQUITY INCOME FUND TOTAL: 1.57% 9) Class of security ORDINARY 10 PENCE SHARES 10) Date of transaction 02 JULY 2003 11) Date company informed 03 JULY 2003 12) Total holding following this notification 3,425,000 13) Total percentage holding of issued class following this notification 4.27% 14) Any additional information N/A 15) Name of contact and telephone number for queries MICHAEL STEVENS 020 7415 5000 16) Name and signature of authorised company official responsible for making this notification MICHAEL STEVENS DIRECTOR & COMPANY SECRETARY Date of notification ...03 JULY...2003...
UK 100

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