Contract Win

LSL Property Services
10 July 2007


For Immediate Release                                               10 July 2007


                LSL Property Services plc ('LSL' or 'the Group')


                        2nd Major Surveying Contract Win


Following on closely from the recent Cheltenham & Gloucester contract win for
its surveying division, LSL announces that e.surv its UK market leading
residential surveying operation has won a major contract to supply exclusive
panel residential survey management services to Barclays Bank plc.


Barclays Bank plc, through its mortgage brand The Woolwich, is a leading UK
mortgage provider. The contract will include the transfer of the existing
valuations infrastructure of Barclays Bank plc including people, premises and
technology. The initial contract period is for three years.


The integration of the operation into the existing e.surv business means that
for the remainder of 2007 the contract is expected to be broadly earnings
neutral. However the contract win is expected to enhance earnings in 2008 and
provides an excellent opportunity to further leverage the surveying assets
across the Group.


For further information please contact:

LSL Property Services plc
Simon Embley CEO
Dean Fielding Group Finance Director             01904 715324
Buchanan Communications
Richard Darby, Nicola Cronk, Catherine Breen     020 7466 5000


Notes to editors

LSL Property Services plc is one of the leading residential property services
companies in the UK and provides a broad range of services to its customers who
are principally mortgage lenders, as well as buyers and sellers of residential
properties. LSL's main operations are its surveying business, which operates
under the e.surv and Chancellors Associates brands, its estate agency business,
which operates under the Your Move and Reeds Rains brands, and its financial
services business.

For further information, please visit LSL's website: www.lslps.co.uk






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