CSH.L Regulatory News (CSH)

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Civitas Social Housing REIT

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

For the purposes of this notification, the following legal entities being part of the Tilney Bestinvest Group own the combined shareholding:

· Tilney Investment Management Limited

· Bestinvest (Brokers) Limited

· Towry Asset Management Limited

· Tilney Asset Management Limited

4. Full name of shareholder(s) (if different from 3.):iv

1. Pershing Nominees Limited; and

2. SEI Investments (Europe) Limited; and

3. Platform Securities LLP

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

25 January 2017

6. Date on which issuer notified:

27 January 2017

7. Threshold(s) that is/are crossed orreached: vi, vii

5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00BD8HBD3

17,408,839

4.97

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

17,408,839

4.97

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

Garry Appleton - Group Head of Risk & Compliance

15. Contact telephone number:

01344 828114

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

· Tilney Investment Management Limited

· Bestinvest (Brokers) Limited

· Towry Asset Management Limited

· Tilney Asset Management Limited

Contact address

(registered office for legal entities)

6 Chesterfield Gardens

London

W1J 5BQ

Phone number & email

Garry.Appleton@towry.com

01344 828114

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Tilney Bestinvest

Contact address

6 Chesterfield Gardens

London

W1J 5BQ

Phone number & email

Garry.Appleton@towry.com

01344 828114

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

Discretionary Investment Manager

C: Additional information