Director/PDMR Shareholding

London & Associated Properties PLC ("LAP")

On 30 June 2009 John A Heller, a director, sold 180,000 shares from of his
personal shareholding in LAP to Metroc Limited, a company of which he is a
director and which will now be one of the companies through which M A Heller
(Chairman of LAP) and his family hold a substantial interest in LAP. The sale
was made through the market at 38p per share.

Directors and PDMR's beneficial holdings following this transfer are now
amended as follows-

                         TRANSFER OF          NEW TOTAL    
                              SHARES            HOLDING     % ISSUED SHARES

J A Heller                  -180,000          1,258,744               1.62%

The interest of M A Heller & his family (including J A Heller) in LAP is now
43,857,931 shares representing 56.35% of the issued share capital of LAP net of
Treasury shares.

Date 2 July 2009

For further information, please contact:

Michael Stevens

Director/Secretary

London & Associated Properties PLC

Tel: [phone]