Segro Regulatory News (SGRO)

15 February 2018

SEGRO plc (the Company)

Directorate Change

SEGRO plc ('SEGRO' or 'the Company') announces that Baroness Ford has informed the Board of her intention to retire as an independent Non-Executive Director at the next Annual General Meeting of the Company on 19 April 2018. She was appointed in January 2013.

Baroness Ford said:

"It has been a great privilege to have worked with SEGRO over the past few years. I have thoroughly enjoyed my time with the Company as it has established itself as the leading pan-European owner of warehouse properties, and I wish the Board and the team well for the future."

SEGRO's Chairman Gerald Corbett, added:

"Margaret has done an excellent job for SEGRO as a Non-Executive Director, as Chairman of our Remuneration Committee (until last year) and as our Senior Independent Director. She has made a significant contribution to the growth and success of the Company and we shall miss her wise counsel. We wish her well in the future.

SEGRO remains committed to maintaining a diverse Board and we are members of the 30% Club. In December, we announced the appointment of Carol Fairweather as an Independent Non-Executive Director and we shall remain mindful of the benefits of a diverse Board as we search for a suitably experienced Non-Executive Director to replace Margaret."

Elizabeth Blease

General Counsel and Group Company Secretary

020 7451 9081