Sale of Kingston Site

Lok'n Store Group PLC
26 March 2007

26 March 2007

                      Lok'nStore Group plc ('Lok'nStore')

                Agrees the sale of Kingston site for £10 million

Lok'nStore, the fast growing AIM listed self-storage Company, is pleased to
announce the sale of its Kingston site for £10 million.

£6 million is payable on completion in June and the remaining £4 million plus
accrued interest in December.

The property was bought for £976,000 in 1996, and stands in the books at
£1,331,149. The site was valued in July 2005 by Cushman Wakefield Healey and
Baker as an operational self storage site at £2.75 million and as a residential
development site at £9.15 million in July 2006.

The property has been sold to a residential developer and the existing
self-storage customers will be transferred to Lok'nStore's other locations close
by.

Andrew Jacobs, Chief Executive of Lok'nStore Group said:

'We are delighted to have achieved such a good price for our Kingston property,
which is at the upper end of our expectations.

'The sale of Kingston is in line with our core strategy of continually
reviewing, and actively managing, our operating portfolio, to ensure we are
maximising its value. This includes strengthening our distinctive brand,
increasing the size of our stores, buying in our freeholds, and moving or
selling stores when it increases shareholder value.'

The Company will announce interim results for the half year to 31 January 2007
on 23 April 2007.

                                    - Ends -


For further information:

Andrew Jacobs, Chief Executive                              Tel:  [phone]
Lok'nStore Group plc

Ray Davies, Finance Director                                Tel:  [phone]
Lok'nStore Group plc

Jonathon Brill/Billy Clegg/Edward Westropp                  Tel:  [phone]
Financial Dynamics

Rupert Krefting, Paul Gray                                  Tel:  [phone]
Investec


                      This information is provided by RNS
            The company news service from the London Stock Exchange