Schroder Real Regulatory News (SREI)

For release 10 September 2014 Schroder Real Estate Investment Trust Limited (the `Company' / `Group') Disposal of Wembley site The Company announces that it has exchanged unconditional contracts with awholly owned subsidiary of Barratt Developments PLC (`Barratt') to dispose ofits remaining, non-income producing site at the Olympic Office Centre inWembley for £15.25 million. Barratt have paid a 10% deposit and completion isdue on 23 September 2014. The Company estimates that completion of the disposal will increase theunderlying pro-forma Net Asset Value (`NAV') of the Company, assuming no otherchanges following the last reported NAV as at 30 June 2014, by approximately3.5%. The disposal is the successful conclusion of a strategy for the subject siteinvolving securing outline planning consent for change of use from a car parkto 227,000 sq ft of residential and ancillary uses. Proceeds will be redeployedinto income producing investments that are currently under consideration. Following completion of the disposal of the subject site the Company continuesto own the 74,000 sq ft Olympic Office Centre which as at 30 June 2014 wasindependently valued at £10.75 million. -ENDS- For further information: Schroder Property Investment Management Limited: 020 7658 6000Duncan Owen / Nick Montgomery Northern Trust: 01481 745529David Sauvarin FTI Consulting: 020 3727 1000Dido Laurimore / Nina Legge