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Wed 28 Jul 2004, 14:30 Substantial Acquisition Of Rights
Liberty International Plc - Substantial Acquisition Of Rights                   
Liberty International Plc                                                       
(Registration number UK3685527)                                                 
ISIN Code:     GB0006834344                                                     
JSE Code:      LBT                                                              
Issuer Code:   LILII                                                            
DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING SUBSTANTIAL ACQUISITIONS OF      
SHARES (`SARs`) BY THE DONALD GORDON FAMILY INTERESTS                           
    Date of disclosure:             28 July 2004                                
    Date of acquisition:            27 July 2004                                
    Acquisition in:                 Liberty International                       
PLC                                         
(1) Class of voting shares:         Ordinary shares of                          
                                    50p each                                    
    Number of shares/rights         195,000                                     
acquired :                                                                  
(2) Resultant total holding of the                                              
    Donald Gordon Family Interests                                              
    of voting shares (and % of      70,850,613 (22.02%)                         
total voting shares in issue):                                              
(3) Party making disclosure:        Donald Gordon on                            
                                    behalf of the Donald                        
                                    Gordon Family                               
Interests.                                  
(4) (a)  Name of person acquiring                                               
    shares or rights                Donald Gordon                               
          over shares as disclosed                                              
in (1) above:                                                               
    (b)  Names of any other         Mrs P Gordon                                
    persons acting by               Mr R M Gordon                               
          agreement or              Mr G J Gordon                               
understanding (see SAR 5):      Mrs W D Appelbaum                           
                                    The Donald Gordon                           
                                    Foundation                                  
    The above parties comprise the Donald Gordon Family                         
Interests                                                                   
    For and on behalf of the party  Kerin Williams                              
    named in (3) above:             Deputy Company                              
                                    Secretary                                   
Liberty International                       
                                    PLC                                         
    Telephone and extension         020 7887 7108                               
    number:                                                                     
28 July 2004
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