On Use:
+25% Xp from Monster Kills.
10% Item-XP from Monster Kills
"When used, additional player-XP is granted for each defeated monster. Also grants additional XP to Legendary items."
You can win this item from the Lottery: Adventure's Lottery and/or Welcome Wagon Lotto and/or Lottery of the Devout and/or Lottery of the Stalwart and/or Lottery of the Depths of which you can enter at http://my.lotro.com/home/lottery.