Holding(s) in Company

TR-1: Notifications of Major Interests in Shares


1. Identity of the issuer or the              Real Estate Investors
underlying issuer of existing shares          plc
to which voting rights are attached:

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights            X

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)   :   Placing of shares by      X
Issuer

3. Full name of person(s)                     Caledonia Investments plc
subject to notification
obligation:

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

5. Date of transaction (and                   25 February 2010
date on which the threshold is
crossed or reached if
different):

6. Date on which issuer                        1 March 2010
notified:

7. Threshold(s) that is/are                    29%
crossed or reached:

8: Notified Details
A: Voting rights attached to shares

Class/typ Situation       Resulting situation after the
e of      previous to     triggering transaction
shares    the triggering
If        transaction
possible
use ISIN
code
             Number       Number     Number      Number of         Percentage of
             of           of         of          voting rights     voting rights
             shares       voting     shares
                          rights

                                                 Direct  Indirect  Direct Indirect


GB00B014B855 100,915,000 100,915,000 139,742,459 139,742,459              28.17%
Ordinary 1p
shares


B: Financial Instruments

Resulting situation after the triggering transaction

Type of     Expiration   Exercise/    No. of voting  Percentage
financial   date         conversion   rights that    of voting
instrument               period/date  may be         rights
                                      acquired (if
                                      the
                                      instrument
                                      exercised/con
                                      verted)

Total (A+B)

Number of voting rights         Percentage of voting rights

139,742,459                                28.17%

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:                             Krista Burwood

15. Contact telephone name:                  0207 802 8080