INTU PROPERTIES PLC - Disposal of Intu Bromley

Disposal of Intu Bromley

INTU PROPERTIES PLC
(Registration number UK3685527)
ISIN Code:     GB0006834344
JSE Code:      ITU
INTU PROPERTIES PLC

19 DECEMBER 2016

DISPOSAL OF INTU BROMLEY

Following the announcement on 25 October 2016, intu properties plc (‘intu’)
has now completed the sale of its interest in the intu Bromley shopping
centre to Alaska Permanent Fund Corporation (‘APFC’) for £177.9 million.

As part of the transaction, APFC have also acquired Aviva’s 21.475 per cent
interest in the centre. London Borough of Bromley is retaining its 15 per
cent interest and freehold of the centre, which will cease to be called
intu Bromley.

ENQUIRIES
intu properties plc
Susan Marsden      Group Company Secretary            +44 (0)207 887 7073


NOTES FOR EDITORS
intu is the UK's leading owner, manager and developer of prime regional
shopping centres with a growing presence in Spain.

We are passionate about creating uniquely compelling experiences, in centre
and online, that attract customers, delivering enhanced footfall, dwell
time and loyalty. This helps our retailers flourish, driving occupancy and
income growth.

A FTSE 100 company, we own many of the UK's largest and most popular retail
destinations, including nine of the top 20, with super regional centres
such as intu Trafford Centre and intu Lakeside and vibrant city centre
locations from Newcastle to Watford.

We are focused on four strategic objectives: optimising the performance of
our assets to provide attractive long term total property returns,
delivering our UK development pipeline to add value to our portfolio,
leveraging the strength of our brand and seizing the opportunity in Spain
to create a business of scale.
We are committed to our local communities and to operating with
environmental responsibility. Our centres support over 119,000 jobs
representing about 4% of the total UK retail workforce.
Our success creates value for our retailers, investors and the communities
we serve.

Sponsor:
Merrill Lynch South Africa (Pty) Ltd

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