EXCHANGE RATE FOR 2009 INTERIM DIVIDEND PAYABLE TO SHAREHOLDERS ON
THE SOUTH AFRICAN REGISTER

Liberty International  PLC  confirms  that  the  South  African  Rand
exchange rate for the 2009 interim dividend of 5.0 pence per ordinary
share to be paid on 27 October 2009, to shareholders registered on  2
October 2009, will be 12.158 ZAR to 1 GBP. Liberty International is a
Real Estate Investment Trust and, as  in 2008, has chosen to pay  the
interim dividend as a Property Income Distribution ("PID") which will
be subject to deduction of a 20% withholding tax.

Accordingly shareholders who hold their shares via the South African
register will receive a dividend per ordinary share as follows:

Gross amount of dividend       60.790 ZA cents          (GBP pence
5.0p)
Less 20% withholding tax       12.158 ZA cents          (GBP pence
1.0p)
Net dividend payable           48.632  ZA cents         (GBP  pence
4.0p)


South African shareholders may apply, after payment of the  dividend,
to the UK tax  authority for a refund  of the difference between  the
20% withholding tax and the  UK/South African double taxation  treaty
rate of 15%. Liberty  International will account  to UK HM Revenue  &
Customs in sterling for  the tax withheld.  Settlement of any  claims
for refund will also be calculated and settled in sterling.

The  information  given  above  will  assist  with  applications  for
refunds. For information on PIDs  and refund claims, including  claim
forms   and    guidance   on    how   to    complete   them,    visit
www.liberty-international.co.uk. A helpline for questions relating to
the withholding tax and to request claim forms is available until  11
December 2009  on 0800  006 497  (+27  11 870  8218 if  calling  from
outside South Africa). Calls from within South Africa are toll-free.


17 September 2009

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.