LSL Property Services plc

4th January 2012

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

In accordance with Disclosure Rule 3.1.4R(1), I hereby inform you that LSL Property Services plc was notified on 4th January 2012, that the following transaction took place in relation to the Company's Share Incentive Plan on 3rd January 2012.

The SIP is an all-employee trust arrangement approved by HM Revenue and Customs, under which employees are able to buy ordinary shares in the Company of 0.2p each, using deductions from their salary in each monthly pay period.  The SIP Trustees (Capita IRG Trustees Limited) acquired 4,504 ordinary shares by purchase in the market on 3rd January 2012 at a total cost of £10,771.12 and allocated them to employees participating in the SIP partnership shares.

The following Executive Director purchased ordinary shares of 0.2p, at a price of £2.3675 per ordinary share.

Name

Position

Shares Purchased by SIP Trustee

Total Shares held by SIP Trustees for the benefit of the Director/PDMR

Total shareholding following purchase (including shares held by the SIP Trustees for the benefit of the Director/PDMR)

Alison Traversoni

Executive Director

53

4444

616,902

This notification is made in order to satisfy both section 793 of the Companies Act 2006 and Disclosure and Transparency Rule 3.1.2.

Sapna B FitzGerald

Company Secretary

LSL Property Services plc

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