Holding(s) in Company

London & Stamford Property Ltd
06 December 2007


                       LONDON & STAMFORD PROPERTY LIMITED
                    (Registered in Guernsey - Number 47816)
                                        
                               Registered Office:
          2ND FLOOR, REGENCY COURT, GLATEGNY ESPLANADE, ST. PETER PORT,
                               GUERNSEY, GY1 3NQ.
                          ___________________________
                                        
                          TELEPHONE:  + 44 1481 720321
                          FACSIMILE:  + 44 1481 716117
                            e-mail:  [e-mail]





Immediate Announcement                                          06 December 2007

London & Stamford Property Limited was notified of the following transaction in
its share capital.

TR-1 NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.  Identity of the issuer or the underlying       
issuer of existing shares to which voting rights
are attached:                                      London & Stamford Property Limited

2.  Reason for notification (yes/no)
An acquisition or disposal of voting rights        Yes
An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):

3.  Full name of person(s) subject to notification 
obligation:                                        Worldstar Limited

4.  Full name of shareholder(s) (if different from 3)

5.  Date of transaction (and date on which the
threshold is crossed or reached if different):     6 November 2007             

6.  Date on which issuer notified:                 5 December 2007

7.  Threshold(s) that is/are crossed or reached:   5%

8.  Notified Details

A: Voting rights attached to shares
Class/type   Situation         Resulting situation after the triggering transaction
of Shares if previous to the
possible use triggering
ISIN Code    transaction
             Number   Number   Number of     Number of voting         Percentage of
             of       of       shares        rights                   voting rights
             Shares   voting
                      rights                 Direct        Indirect   Direct   Indirect

Ordinary          0        0   15,000,000    15,000,000    nil        5.26%    nil

B:  Financial Instruments
Resulting situation after the triggering transaction
Type of          Expiration      Exercise/conversion  No. of voting       Percentage of
financial        date            period/date          rights that may be  voting rights
instrument                                            acquired (if the
                                                      instrument
                                                      exercised/
                                                      converted)
Total (A+B)
Number of voting rights                      Percentage of voting rights
15,000,000                                   5.26%

9. Chain of controlled undertakings through which the voting rights and / or the
financial instruments are effectively held, if applicable:

Proxy Voting:

10.  Name of proxy holder:
11.  Number of voting rights proxy holder will cease to hold:
12.  Date on which proxy holder will cease to hold voting rights:
13.  Additional information
14.  Contact name:
15.  Contact telephone number:


All Enquiries:

The Company Secretary
Butterfield Fund Services (Guernsey) Limited
PO Box 211
Regency Court
Glategny Esplanade
St Peter Port
Guernsey
GY1 3NQ

Tel: [phone]
Fax: [phone]










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