Segro Regulatory News (SGRO)

12 April 2016

SEGRO plc (the Company)

Director/PDMR Shareholding

On 11 April 2016, following a recommendation made by the Company on 6 April 2016, the Trustees of the SEGRO plc Employees' Benefit Trust resolved to release the shares under the 2012 SEGRO plc Deferred Share Bonus Plan (DSBP) to the following Directors/PDMRs:

Notes:

(a) Under the 2012 DSBP, 25 per cent of the bonus payable in respect of 2012 performance was deferred as shares for three years.

(b) The participants received their shares net of adjustments for Income Tax and National Insurance Contributions.

(c) The total beneficial shareholding includes shares held in the Company's Share Incentive Plan.

Additionally on 11 April 2016, following a recommendation made by the Company on 7 April 2016, the Trustees of the SEGRO plc Employees' Benefit Trust notified the Company that it had resolved to grant the below awards under the SEGRO plc Long Term Incentive Plan (LTIP) to the following Directors/PDMRs of the Company:

Notes:

(a) The LTIP has been structured as a provisional allocation over ordinary shares in the Company. Further details of the operation of the LTIP are available in the Company's 2015 Annual Report and Accounts.

(b) The calculation of the awards granted was based on a share price of £4.207, which was the Company's closing mid-market share price on 6 April 2016.

Stephanie Murton

Legal Counsel

020 7451 9085