Portfolio Update

RNS Number:6273Z
Local Shopping REIT (The) PLC
04 July 2007


The Local Shopping REIT plc

Re: Listing Rule 15.4.11 - Top Ten Holdings

In accordance with paragraph 15.4.11(2) of the Listing Rules The Local Shopping
REIT plc ("the Company") announces its top ten property investments, as at 30
June 2007, at which time the Company had no properties with a value greater than
5% of its gross assets.


Market Street, New Street & Great Square, Braintree CM7

Borehamgate Shopping Centre, King Street, Sudbury CO10 2EG

Four Acre Shopping Centre, Four Acre Lane, Merseyside, WA9 4BZ

21/31 and 35/47 High Street, Uckfield

Cheveley Park Shopping Centre, Belmont, Durham

Clive Parade, Cricklade Road. Swindon SN2 1AJ

17-45 Market Street, 2a Lord Street & 5 Bradshawgate, Leigh WN7

Units 1/5 The Concourse & Units 1/7 & 7/39 (odd) Brislington Hill, Bristol BS4

17/23 Bank Street & 1-3 Anderson Street, Airdrie

12/23 Stanhope House, Market Street, Shipley BD18 3QD

Bill Heaney, Company Secretary 020 7187 4444


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