Supermarket Income Regulatory News (SUPR)

Supermarket Income REIT plc

("Supermarket Income REIT" or "the Company")

18 August 2017

ACQUISITION OF TESCO SUPERSTORE, BRISTOL, FOR £28.5 MILLION

Supermarket Income REIT (LSE: SUPR), the UK supermarket real estate investor, announces that it has acquired the freehold of a Tesco Superstore, Lime Trees Road, Bristol, from a client of Aberdeen Asset Management for £28.5 million (net of acquisition costs), reflecting a net initial yield of 4.9%.

The purchase has been funded out of the equity proceeds of the IPO, with senior debt finance expected to be introduced in the near term.

The store comprises 55,000 sq ft on a 5.7-acre site with more than 450 parking spaces. It is being acquired with an unexpired lease term of approximately 13.5 years, which is subject to annual, upward-only, RPI-linked rent reviews with a cap at 4% and a floor at zero and on full repairing and insuring terms.

Ben Green, Director of Atrato Capital, the Investment Adviser to Supermarket Income REIT, said: "We are delighted to announce our second property, with £72 million now invested since our IPO last month. This Tesco Superstore is situated in a prime Bristol location and has a long history of strong trading performance. This investment will deliver an attractive inflation linked income stream and offers excellent asset upside potential over the longer term."

For further information, please contact:

Atrato Capital Limited +44 (0)20 3790 8087

Ben Green

Steve Windsor

Steve Noble

 Stifel Nicolaus Europe Limited +44 (0)20 7710 7600

Mark Young

Neil Winward

Tom Yeadon

 Tavistock  +44 (0)20 7920 3150

Jeremy Carey

James Whitmore

James Verstringhe

NOTES TO EDITORS:

Supermarket Income REIT plc listed on the specialist fund segment of the main market of the London Stock Exchange in July 2017. Its objective is to acquire a diversified portfolio of supermarket real estate assets in the UK, providing long-term RPI-linked income, from institutional grade tenants of significant size and the potential for capital growth through active asset management opportunities. Atrato Capital is the Company's Investment Adviser.