RNS Number : 9016B London & Stamford Property Ltd 03 November 2009

LONDON & STAMFORD PROPERTY LIMITED

Registration No. 47816

Registered Office:

2 ND FLOOR, REGENCY COURT, GLATEGNY ESPLANADE, ST. PETER PORT,

GUERNSEY, GY1 3NQ, CHANNEL ISLANDS.

___________________________

TELEPHONE: + 44 1481 720321

FACSIMILE: + 44 1481 716117

For immediate release 3 November 2009

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

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights YES

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify):
3. Full name of person(s) subject to the notification obligation: Ignis Investment Services Limited

4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached: 30/10/2009
6. Date on which issuer notified: 02/11/2009
7. Threshold(s) that is/are crossed or reached: 2%
8. Notified details: Nominee holdings

A: Voting rights attached to shares
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting % of voting rights
of of of shares rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect
B1Z5TP4 14,982,041 2.99%

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that may be rights
Period acquired if the
instrument is
exercised/ converted.

Total (A+B)
Number of voting rights Percentage of voting rights
14,982,041.00 2.99%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Pearl Group Limited Impala Holdings Limited Pearl Group Holdings (No.1) Ltd Ignis Asset Management Ltd Ignis Investment Services Ltd (indirect)

Vidacos Nominees Ltd (13,874,905 2.77%) BNY (OCS) Nominees Ltd (1,107,136 0.22%)

Proxy Voting: 10. Name of the 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: Percentage calculation based on Issued Share Capital of 500,000,000
14. Contact name: Deborah A. Wagner
15. Contact telephone number: 0141 222 8000

For further information contact:

Kreab Gavin Anderson

Tel: +44 (0)20 7074 1800

Richard Constant / James Benjamin / Anthony Hughes

London & Stamford Property Limited

Tel: +44 (0)1481 733315

Rochelle Thompson, Butterfield Fulcrum Group (Guernsey) Limited

KBC Peel Hunt

Tel: +44 (0)20 7418 8900

Capel Irwin / Nicholas Marren

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

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