LSL PROPERTY SERVICES PLC — AGM Information 2012

Mar 16, 2012

This document is important and requires your immediate attention.

If you have any doubts about what action you need to take, you should immediately contact your stockbroker, bank manager, solicitor, accountant or other independent financial adviser authorised pursuant to the Financial Services and Markets Act 2000.

If you have sold or otherwise transferred all of your registered holding of ordinary shares in LSL Property Services plc, you should pass this letter and the accompanying documents to the persons through whom the sale or transfer was effected, for transmission to the purchaser or transferee.

This document does not contain sufficient information to allow you to gain an understanding of the proposals contained in the shareholder documents published online and should not be regarded as a substitute for reading the shareholder documents or relied upon as the basis on which to make decisions. It is recommended that you read the shareholder documents carefully before taking any action.

16th March 2012

Dear Shareholder

LSL Property Services plc (LSL) Notice of Annual General Meeting 2012 (Notice of AGM) and Annual Report & Accounts 2011

Please accept this letter as notification that the Notice of AGM and the Annual Report & Accounts 2011 for LSL have now been published on our website and can be found at:

www.lslps.co.uk/investor-relations/investor-communications

LSL's Annual General Meeting (AGM) is to be held on 19th April 2012 at our offices, 1 Sun Street, London, EC2A 2EP at 2.00pm. If you are unable to attend the AGM but would like to vote, please submit your proxy form, which is enclosed with this letter.

This communication has also been sent to certain beneficial owners of shares that have been nominated by the registered holders of shares to enjoy information rights in accordance with section 146 of the Companies Act 2006. Such persons are advised that, in order to vote at the forthcoming AGM they must issue an instruction to the registered holder of their shares. LSL may only accept instructions from registered holders of its shares and we are therefore unable to act upon any instructions received from nominated persons.

We would like to take this opportunity to thank you for agreeing to receive the Notice of AGM and notice of the Annual Report & Accounts 2011 via our website rather than in paper form, as this will contribute to cost savings for LSL and will minimise unnecessary paper usage.

Should you wish to unsubscribe from this list please contact Capita Registrars via:

E-mail: shareholder.services@capitaregistrars.com

Post: Capita Registrars Limited, The Registry, 34 Beckenham Road, Beckenham, Kent, BR3 4TU

Telephone: 0871 664 0300 (calls cost 10p per minute plus network extras and lines are open 9.00am – 5.30pm, Monday to Friday) (from outside the UK call: +44 (0)20 8639 3399)

Online: www.capitashareportal.com and follow the instructions for registering your e-mail address and delete the current details.

Yours faithfully Sapna B FitzGerald Company Secretary LSL Property Services plc

Company Number: 5114014

Registered Office: Newcastle House, Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB