TR-1: Notification of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

LSL PROPERTY SERVICES

2. Reason for the notification (yes/no)

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

Other (please specify): ______________

No

3. Full name of person(s) subject to notification obligation:

Harris Associates L.P.

4. Full name of shareholder(s) (if different from 3):

BNY Mellon

JPMorgan Chase

Northern Trust Company

State Street Bank

Unknown

5. Date of transaction (and date on which the threshold is crossed or reached if different):

17 January 2012

6. Date on which issuer notified:

19 January 2012

7. Threshold(s) that is/are crossed or reached:

19%

8. Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

GB00B1G5HX72 Common Stock

19,305,505

19,305,505

20,238,460

20,238,460

19.43%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period

No. of voting rights that may be acquired (if the instrument is exercised/converted)

Percentage of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise Price

Expiration date

Exercise/ conversion period

No. of voting rights instrument refers to

Percentage of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

20,238,460

19.43%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12.

13. Additional information:

14. Contact name:

Sarah E. Grimm

15. Contact telephone number:

312-621-0628

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