Alternative Inc Regulatory News (AIRE)

1.

Details of person discharging managerial responsibilities/person closely associated with them

a)

Name

Steve Smith

2.

Reason for the notification

a)

Position / status

PDMR (Director)

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AEW UK LONG LEASE REIT PLC

b)

LEI

213800MPBIJS12Q88F71

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument

Identification Code

Ordinary Shares of £0.01

ISIN: GB00BDVK7088

b)

Nature of the transaction

Acquisition of Shares

c)

Price(s) and volume(s)

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

28 February 2019

f)

Place of the transaction

London Stock Exchange (XLON)