Holding(s) in Company

London & Assoc Properties PLC
13 February 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)            Name of company

London & Associated Properties PLC



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
holding of that person's spouse or children under the age of 18

- the above



4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Exeter Financial Funds Limited                     5,000,000

Exeter Smaller Companies Income Fund Limited       300,000

Exeter Equity Growth & Income Fund Limited         1,736,059

Exeter Equity Income Fund                          300,000

Exeter Smaller Companies Unit Trust                400,000

Exeter OEIC: Hidden Value Portfolio                45,000



5)   Number of shares/amount of stock acquired Total-2,736,059

Exeter Smaller Companies Income Fund Limited 300,000

Exeter Equity Growth & Income Fund Limited 1,736,059

Exeter Equity Income Fund                    300,000

Exeter Smaller Companies Unit Trust          400,000





6)   Percentage of issued class  3.47%



7)   Number of shares/amount of stock disposed



8)   Percentage of issued class



9)   Class of security Ordinary



10)  Date of transaction 12 February 2002



11)  Date company informed  13 February 2002



12)  Total holding following this notification 7,781,059




13)  Total percentage holding of issued class following this notification
10.03%



14)  Any additional information



15)  Name of contact and telephone number for queries M C Stevens - Company
Secretary 020 7415 5000



16)  Name and signature of authorised company official responsible for
     making this notification

     Date of notification 13/2/02






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