Abrdn Euro Log Regulatory News (ASLI)

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, TO US PERSONS OR IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE PUBLICATION, DISTRIBUTION OR RELEASE OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

This announcement is an advertisement for the purposes of the Prospectus Rules of the UK Financial Conduct Authority ("FCA") and does not constitute a prospectus. Investors must subscribe for or purchase any shares referred to in this announcement pursuant to the issue referred to below only on the basis of information contained in a prospectus expected to be published in due course by Aberdeen Standard European Logistics Income PLC (the "Prospectus") in its final form and not in reliance on this announcement. A copy of the Prospectus will, following publication, be available for inspection from the Company's registered office and on its website (www.eurologisticsincome.co.uk). This announcement does not constitute, and may not be construed as, an offer to sell or an invitation or recommendation to purchase, sell or subscribe for any securities or investments of any description, or a recommendation regarding the issue or the provision of investment advice by any party.

Aberdeen Standard European Logistics Income PLC (LSE: ASLI) (the "Company")

LEI: 213800I9IYIKKNRT3G50

18 June 2019

Intention to Publish a Prospectus

The Board of Aberdeen Standard European Logistics Income PLC announces that it is proposing to publish a prospectus (the "Prospectus") in relation to an initial issue consisting of a Placing, Open Offer and Offer for Subscription (the "Issue") and the implementation of a 12-month share issuance programme (the "Programme" and, together with the Issue, the "Proposals"). The inclusion of an Open Offer will ensure that a portion of the Issue is reserved in the first instance exclusively for existing shareholders. The Proposals are subject to shareholder approval and therefore the Company will also be publishing a circular convening a general meeting to seek shareholder authority in connection with the Proposals (the "Circular").

It is envisaged that the Prospectus and Circular will be published in late June/early July, and that (subject to shareholder approval) the new shares comprising the Issue will be issued and commence trading prior to the end of July.

The European logistics market is sizeable and growing, with the sector benefiting from rapid take-up of facilities and long inflation-linked leases to quality tenants. The Investment Manager's local property teams, based in key European logistics locations, continue to provide the Company with access to on- and off-market deals. The Investment Manager has a pipeline of attractive investment opportunities available to it and is presently in a period of exclusivity to carry out due diligence in relation to two potential acquisitions which, in aggregate, are valued at approximately €60 million. In addition, the Investment Manager is in advanced discussions regarding the acquisition of a further property.

Whilst there is no guarantee that the above will lead to purchases of these properties, the Board and the Investment Manager remain confident that the market for European logistics assets will continue to offer many attractive investment opportunities in the near future, and the Programme will enable the Company to take advantage of its strong pipeline of acquisition opportunities after the initial Issue is concluded.

A further announcement giving full details of the Proposals will be made at the time of publication of the Prospectus and Circular.

For further information:

Aberdeen Standard Fund Managers Limited

0207 463 6000

William Hemmings

Gary Jones

Luke Mason

Canaccord Genuity Limited

0207 523 8000

Will Barnett

Neil Brierley

Dominic Waters

David Yovichic

Notes to Editors

Aberdeen Standard European Logistics Income PLC is a UK investment trust with a premium listing on the Main Market of the London Stock Exchange. The Company invests in European logistics real estate to achieve its objective of providing its shareholders with a regular and attractive level of income return together with the potential for long term income and capital growth. The Company aims to invest in a portfolio of assets diversified by both geography and tenant throughout Europe, predominantly targeting well-located assets at established distribution hubs and within population centres.

www.eurologisticsincome.co.uk

Disclaimer

This announcement does not constitute a prospectus relating to the Company and does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any shares in the Company in any jurisdiction nor shall it, or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with or act as any inducement to enter into, any contract therefor.

The shares of the Company have not been and will not be registered under the US Securities Act of 1933, and may not be offered or sold in the United States. Outside the United States, the shares may be sold to non-US Persons pursuant to the provisions of Regulation S. Moreover, the shares of the Company have not been, nor will they be, registered under the applicable securities laws of Australia, Canada, the Republic of South Africa, Japan or any member state of the EEA (other than the United Kingdom). Further, the Company will not be registered under the US Investment Company Act of 1940, as amended. Subject to certain exceptions, the shares of the Company may not be offered or sold in the United States, Australia, Canada, the Republic of South Africa, Japan or any member state of the EEA (other than the United Kingdom or to professional investors in the Republic of Ireland and the Netherlands) or to, or for the account or benefit of, any national, resident or citizen of the United States, Australia, Canada, the Republic of South Africa, Japan or any member state of the EEA (other than the United Kingdom or professional investors in the Republic of Ireland and the Netherlands). The Issue and the Programme, and the distribution of this announcement, in other jurisdictions may be restricted by law and the persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.