Cross London Rail Links Limited (CLRL), the promoters of Crossrail the £15.9 billion new railway for London and the South East, has agreed with Citi to lease levels 27-30 inclusive of 25 Canada Square for a period of ten years. This represents a total of 116,000 square feet of office accommodation, with occupation to take place at the end of 2008.

Work on Crossrail has intensified following parliamentary approval of the scheme last month and it expects up to 1,100 members of staff to be based at Canada Square during the life of the project.

The terms of the transaction are confidential. Drivers Jonas advised Crossrail. Cushman & Wakefield and Knight Frank advised Citi.

Ends

For further information, please call the 24 hour, seven day a week helpline on 0845 602 3813 or e-mail helpdesk@crossrail.co.uk.

Issued 21 August 2008