Investor Presentaiton

• CONTINUING TO REPOSITION RETAIL PORTFOLIO £304m of UK retail assets sold; Basildon Eastgate sold recently for £89m, ahead of valuation £385m bought year to date; South Gate, Bath and HUT units • £200m of disposals under offer/in the market 16 Retail Asset Sales (Year to Date) No of Assets Sale Price Retail Parks Foodstores Shopping Centres High Street Total 4 £81m 5 £29m 3 £183m 1 £11m 13 £304m British Land

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