30 January 2014


INTU PROPERTIES PLC

RESPONSE TO PRESS COMMENT

The Board of Intu notes recent press comment and confirms that it is in
discussions with Westfield regarding the potential acquisition of its Derby
shopping centre together with an equity interest in, and management contract
for, Merry Hill in Dudley. If the acquisition were to proceed, it is likely that
it would be funded through a combination of new debt and equity.

However, although discussions are ongoing, there can be no certainty that any
transaction will be undertaken.

A further announcement will be made if and when appropriate.

Enquiries:

Susan Marsden
Company Secretary
Intu Properties plc
+ 44 20 7887 7073