ALNA Alina Holdings Plc

    RNS Number : 2600D
  Local Shopping REIT (The) PLC
  11 September 2008
   


    The Local Shopping REIT plc

    11 September 2008

    Transfer of Treasury Shares to Employee Benefit Trust

    In accordance with its obligations under rule 12.6.4 of the Disclosure and Transparency Rules The Local Shopping REIT plc ("the
Company") announces that on 11 September 2008 the Company transferred 5,000 of the Company's ordinary shares of nominal value of 20 pence
out of treasury 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.

    Following the transfer The Local Shopping REIT plc holds 9,234,017 ordinary shares in treasury and has 83,110,853 ordinary shares in
issue (excluding treasury shares).

    Enquiries:  
    Bill Heaney
    Company Secretary
    020 7187 4444
    END


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