Notification of Interest

LSL Property Services
01 December 2006



For Immediate Release                                            1 December 2006


                           LSL Property Services plc

                   Notification of Major Interests in Shares


1)      Name of listed Company

        LSL PROPERTY SERVICES PLC

2)      Name of shareholder with major interest

        Barclays Bank Plc

3)      Please state whether notification indicates that it is regarding the
        holding of the shareholder named in 2 above; 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

        IN RESPECT OF THE SHAREHOLDER NAMED IN 2 ABOVE

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

        Barclays Bank Plc 500,000 (0.48%)
        Barclays Private Equity PVLP Limited Partnership 3,844,110 (3.69%)
        Barclays Industrial Investments Limited 8,789,310 (8.44%)
        BPE General Partner Limited 15,861,630 (15.23%)

5)      Number of shares/amount of stock acquired

        28,995,050

6)      Percentage of issued class (any treasury shares held by the listed
        company should not be taken into account when calculating percentage)

        27.84%

7)      Number of shares/amount of stock disposed

        N/A

8)      Percentage of issued class (any treasury shares held by the listed
        company should not be taken into account when calculating percentage)

        N/A

9)      Class of security

        ORDINARY SHARES 0.2p

10)     Date of transaction

        23.11.06

11)     Date listed company informed

        22.11.06 (letter dated)

12)     Total holding following this notification

        28,995,050

13)     Total percentage holding of issued class following this notification (any
        treasury shares held by the listed company should not be taken into 
        account when calculating percentage)

        27.84%

14)     Any additional information

        N/A

15)     Name of contact and telephone number for queries


SAPNA BEDI                           01904 715 315
COMPANY SECRETARY




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