Rule 2.10 Announcement

RNS Number : 1508R

Local Shopping REIT (The) PLC

14 November 2012

Local Shopping REIT plc ("LSR" or the "Company")

Voting rights and capital

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers (the "Code"), LSR confirms that as at the date of this announcement, excluding 9,164,017 ordinary shares of 20 pence each held in Treasury, the issued share capital of the Company comprised 82,505,853 ordinary shares of 20 pence each. The ISIN reference for these securities is GB00B1VS7G47.