Segro Regulatory News (SGRO)

19th September 2012

New appointments to the Board of SEGRO

SEGRO, Europe's leading owner-manager and developer of industrial property, is pleased to announce the appointments of Christopher Fisher and Baroness Ford as Non-Executive Directors with effect from 1 October 2012 and 1 January 2013, respectively.

Andrew Palmer, Senior Independent Director, and Chris Peacock, Chairman of the Remuneration Committee, will be retiring from the Board at the Company's AGM on 23 April 2013, following nine years of service.

Christopher Fisher

Christopher Fisher has over 30 years of corporate finance experience, principally gained at Lazard where he became a Managing Director and then at KPMG where he was Vice Chairman, Corporate Finance.

In June 2012, Christopher was appointed as Chairman of Bank of Ireland UK plc, having been a Non-Executive Director since 2010. He is also currently a senior partner at Penfida Partners, a consultancy providing corporate finance advice to pension fund trustees.

Previously, Christopher held the position of Chairman of Southern Cross Healthcare Group Plc, a position he stepped up to in April 2011, having served as a Non-Executive Director since 2006. In September 2011 he led the negotiations for a comprehensive solvent restructuring with its creditors and he subsequently resigned on 30 September 2011.

Baroness Ford

Baroness Ford has held a number of senior positions in both the public and private sector and was appointed a Working Peer in 2006. She has considerable experience of the real estate market and the support services sector.

Most recently she has served as Chairman of the Olympic Park Legacy Company for the past three years, where she successfully negotiated the planning consent for the whole Olympic site and secured the commercial future of six out of the eight 2012 London Olympic sites. She has also been Chairman of English Partnerships, the national regeneration agency for England.

Additionally, Baroness Ford was the co-founder of the Eglinton Management Centre, a training and development business, and has also worked as Managing Director for Real Estate at Royal Bank of Canada, Capital Markets.

Baroness Ford is currently Non-Executive Chairman of Barchester Healthcare and May Gurney Integrated Services plc. She is also a Non-Executive Director and Chairman of the Remuneration Committee for Grainger plc. She has previously served as the Senior Independent Director and Chairman of the Remuneration Committee for Serco Group plc.

She will become the Senior Independent Director, succeeding Andrew Palmer, and Chair of the Remuneration Company, succeeding Chris Peacock, following the conclusion of the Company's 2013 AGM.

Commenting on the appointments of the Non-Executive Directors, Nigel Rich, Chairman of SEGRO, said:

"I would like to thank Andrew Palmer and Chris Peacock for their tremendous contribution to our Board over the past nine years. As SEGRO has undergone significant transformational change during this period, they have provided guidance and wisdom for which I and my fellow Board colleagues have been very grateful. I wish them both well in the future.

I am delighted to welcome Margaret and Christopher to the Board. They are two very talented individuals who, between them, have an extensive depth and breadth of industry and board experience. With their considerable knowledge of the property sector, they will be a great asset to our Board as SEGRO continues with the strategic repositioning of its portfolio.

I very much look forward to working with them."

NOTES:

There is no other information required to be disclosed pursuant to LR 9.6.13R in respect of Baroness Ford.

Christopher Fisher was a Director of Southern Cross Healthcare Group Plc. Following the restructuring referred to above, the Company entered into a Company Voluntary Arrangement on 20 June 2012. There is no other information required to be disclosed pursuant to LR 9.6.13R in respect of Christopher Fisher.

- ENDS -

For further information please contact:

SEGRO

Kate Heseltine (Investor Relations Manager): +44 (0) 207 451 9042

Tulchan

John Sunnucks/David Shriver: +44 (0) 20 7353 4200

About SEGRO:

SEGRO is Europe's leading owner-manager and developer of industrial property. The Group is a Real Estate Investment Trust (REIT), listed on the London Stock Exchange. SEGRO's portfolio comprises £4.8 billion (as at 30 June 2012) of predominantly industrial and warehouse assets concentrated in and around major business centres and transportation hubs such as ports, airports and motorway intersections. The Group serves over 1,400 customers spread across many geographies and different industry sectors. It has 5.2 million sq m of built space and a passing rent roll of £308 million (as at 30 June 2012). For further information see  www.SEGRO.com