Regulatory News Item

2008/11/06
REG-Westcity PLC Termination of Kenny Heights
<pre>http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20081106:RnsF5542H . RNS Number : 5542H Westcity PLC 06 November 2008 Westcity plc Termination of Kenny Heights development project Westcity plc announces that, in view of current market conditions, the share sale agreement dated 1 November 2007 and associated transaction documents between, among others, Stonehage Westcity Property Fund and SWX Malaysia Limited relating to the sale and purchase of 40% of Kenny Heights Westcity Sdn. Bhd. and the development of a mixed residential and retail project in Kuala Lumpur, Malaysia known as Kenny Heights, have today been mutually terminated with no further obligations to or claims against any other parties thereto. Following this, neither the Stonehage Westcity Property Fund nor the Company will have any further involvement with the Kenny Heights development project. The Stonehage Westcity Property Fund, together with Wescity plc as its property adviser, continue to seek global real estate investment opportunities which will achieve acceptable rates of return for the fund's investors. Enquiries: Westcity plc + 44(0)207 424 6700 Ira Rapp, Chief Executive Officer KBC Peel Hunt (Nominated adviser and Broker) +44(0)207 418 8900 Alex Vaughan Oliver Stratton This information is provided by RNS The company news service from the London Stock Exchange END MSCBABRTMMMMBAP </pre>