Holding(s) in Company

London & Stamford Property Ltd
08 November 2007




                       LONDON & STAMFORD PROPERTY LIMITED
                    (Registered in Guernsey - Number 47816)
                                        
                               Registered Office:
          2ND FLOOR, REGENCY COURT, GLATEGNY ESPLANADE, ST. PETER PORT,
                               GUERNSEY, GY1 3NQ.
                          ___________________________
                                        
                          TELEPHONE:  + 44 1481 720321
                          FACSIMILE:  + 44 1481 716117
                            e-mail:  [e-mail]
                                        


Immediate Announcement                                         08 November 2007

TR-1: Notifications of Major Interests in Shares

London & Stamford Property Limited was notified of the following transaction in
its share capital.


1.  Identity of the issuer or the underlying          London & Stamford Property Limited
issuer of existing shares to which voting rights
are attached:


2.  Reason for notification (yes/no)

An acquisition or disposal of voting rights                 see 13 below

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):     


                  
3.  Full name of person(s) subject to          Electra Partners LLP
notification obligation:


4.  Full name of shareholder(s) (if different  Electra Private Equity Partners 2006 Scottish
from 3)                                        LP


5.  Date of transaction (and date on which the 07 November 2007 Shares acquired in placing
threshold is crossed or reached if different):


6.  Date on which issuer notified:             08 November 2007


7.  Threshold(s) that is/are crossed or        Above 5%
reached:


8.  Notified Details

A: Voting rights attached to shares

Class/type of  Situation         Resulting situation after the triggering transaction
Shares if      previous to the
possible use   triggering
ISIN Code      transaction

               Number   Number   Number of     Number of voting       Percentage of voting
               of       of       shares        rights                 rights
               Shares   voting
                        rights                 Direct   Indirect      Direct   Indirect

GG00B1Z5TP40                     20,000,000        -    20,000,000        -    7.02
Ordinary 10p
shares




B:  Financial Instruments

Resulting situation after the triggering transaction

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



Total (A+B)
Number of voting rights                        Percentage of voting rights

20,000,000                                     7.02



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                    Electra Partners LLP is the Manager of Electra
                                               Private Equity Partners 2006 Scottish LP.  The
                                               registered holder of the Shares is Paternoster
                                               Nominees Limited


14.  Contact name:                             PJ Dyke, Electra Partners LLP, Manager of
                                               Electra Private Equity Partners 2006 Scottish
                                               LP


15.  Contact telephone number:                 020 7214 4200


All Enquiries:

The Company Secretary
Butterfield Fund Services (Guernsey) Limited
PO Box 211
Regency Court
Glategny Esplanade
St Peter Port
Guernsey
GY1 3NQ

Tel: [phone]
Fax: [phone]



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