NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
    RESPONSIBILITIES AND CONNECTED PERSONS

    1.        Name of the issuer:                                                
                                                                                 
              M&M Property & Assets Plc                                          
                                                                                 
    2.        State whether the notification relates to (i) a transaction        
              notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in 
              accordance with LR 9.8.6R(1) or (iii) a disclosure made in         
              accordance with section 793 of the Companies Act (2006):           
                                                                                 
              Disclosure in accordance with (i) above                            
                                                                                 
    3.        Name of person discharging managerial responsibilities/director:   
                                                                                 
              M&M Investment Company Plc (Parent Company)                        
                                                                                 
    4.        State whether notification relates to a person connected with a    
              person discharging managerial responsibilities/director named in 3 
              and identify the connected person:                                 
                                                                                 
              Notification re company named in 3                                 
                                                                                 
    5.        Indicate whether the notification is in respect of a holding of the
              person referred to in 3 or 4 above or in respect of a              
              non-beneficial interest:                                           
                                                                                 
              Holding of the Parent company referred to in 3                     
                                                                                 
    6.        Description of shares (including class), debentures or derivatives 
              or financial instruments relating to shares:                       
                                                                                 
              Ordinary shares of 1p each                                         
                                                                                 
    7.        Name of registered shareholders(s) and, if more than one, the      
              number of shares held by each of them:                             
                                                                                 
              Pershing Nominees Limited, 3,913,474 ordinary 1p shares            
              The Bank of New York (Nominees) Limited, 1,500,000 1p shares       
                                                                                 
                                                                                 
    8.        State the nature of the transaction:                               
                                                                                 
              Share purchase                                                     
                                                                                 
    9.        Number of shares, debentures or financial instruments relating to  
              shares acquired:                                                   
                                                                                 
              40,000 ordinary shares                                             
                                                                                 
    10.       Percentage of issued class acquired (treasury shares of that class 
              should not be taken into account when calculating percentage):     
                                                                                 
              0.39%                                                              
                                                                                 
    11.       Number of shares, debentures or financial instruments relating to  
              shares disposed:                                                   
                                                                                 
              N/A                                                                
                                                                                 
    12.       Percentage of issued class disposed (treasury shares of that class 
              should not be taken into account when calculating percentage):     
                                                                                 
              N/A                                                                
                                                                                 
    13.       Price per share or value of transaction:                           
                                                                                 
              24.75 pence                                                        
                                                                                 
    14.       Date and place of transaction:                                     
                                                                                 
              16 July 2015                                                       
                                                                                 
    15.       Total holding following notification and total percentage holding  
              following notification (any  treasury shares of that class should  
              not be taken into account when calculating percentage):            
                                                                                 
              5,342,341 (51.78%) Ordinary shares of 1p each                      
                                                                                 
    16.       Date issuer informed of transaction:                               
                                                                                 
              16 July 2015                                                       
                                                                                 
    17.       Date of grant:                                                     
                                                                                 
              N/A                                                                
                                                                                 
    18.       Period during which or date on which it can be exercised:          
                                                                                 
              N/A                                                                
                                                                                 
    19.       Total amount paid (if any) for grant of the option:                
                                                                                 
              N/A                                                                
                                                                                 
    20.       Description of shares or debentures involved (class and number):   
                                                                                 
              N/A                                                                
                                                                                 
    21.       Exercise price (if fixed at time of grant) or indication that price
              is to be fixed at the time of exercise:                            
                                                                                 
              N/A                                                                
                                                                                 
    22.       Total number of shares or debentures over which options held       
              following notification:                                            
                                                                                 
              N/A                                                                
                                                                                 
    23.       Any additional information:                                        
                                                                                 
              N/A                                                                
                                                                                 
    24.       Name of contact and telephone for queries                          
                                                                                 
              P Thomas                                                           
              Midas Investment Management Ltd                                    
              Tel:  0161 228 1709