SIR.L Regulatory News (SIR)

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

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

Secure Income REIT plc

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

An acquisition or disposal of voting rights

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):

Disclosure of revised chain of control following reorganisation of holding

X

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

West Coast Capital

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

See section 9

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

5 January 2015

6. Date on which issuer notified:

14 January 2015

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

25%

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

ORD GBP0.1

 GB00BLMQ9L68

42,619,487

42,619,487

42,619,487

25.3%

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

42,619,487

25.3%

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

14,206,497 shares (8.43%) are under the control of West Coast Capital Prestven Investments Limited, a wholly owned subsidiary of West Coast Capital Investments Limited, a wholly owned subsidiary of West Coast Capital Holdings Limited, a wholly owned subsidiary of the firm of West Coast Capital.

14,206,495 shares (8.43%) are under the control of West Coast Capital Investments Limited, a wholly owned subsidiary of West Coast Capital Holdings Limited, a wholly owned subsidiary of the firm of West Coast Capital.

14,206,495 shares (8.43%) are under the control of West Coast Capital (Retail Parks) Limited, a wholly owned subsidiary of West Coast Capital Investments Limited, a wholly owned subsidiary of West Coast Capital Holdings Limited, a wholly owned subsidiary of the firm of West Coast Capital.

Proxy Voting:

10. Name of the proxy holder:

N/A

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

N/A

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

N/A

13. Additional information:

Notification using the total voting rights figure of 168,443,772

14. Contact name:

Sharon Seales

15. Contact telephone number:

01563 852 247

Secure Income REIT Plc

+44 20 7647 7647

Sandy Gumm

Oriel Securities Limited (Nominated Adviser)

+44 20 7710 7720

David Arch

Tom Yeadon

FTI Consulting

+44 20 3727 1000

Richard Sunderland

Claire Turvey