RNS Number : 8094D
Local Shopping REIT (The) PLC
18 September 2008

Local Shopping REIT plc ("the Company") - Transactions in Own Shares

The Company further announces that on 18 September 2008 it purchased from JPMorgan Cazenove Limited 226,818 ordinary shares at a price of 59 pence per share.  

The shares purchased have been transferred to the trustee of the Company's employee benefit trust, LSR Trustee Limited ("the Trustee"). No consideration was paid for the shares transferred.  

The shares were transferred to the Trustee for the purpose of satisfying awards made by the Trustee under the Company's Long Term Incentive Plan when such awards are exercised.


Bill Heaney

Company Secretary

020 7292 0333

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