Correction to announcement of NAV and Dividend

29 April 2015 Schroder Real Estate Investment Trust Limited (the 'Company' / 'Group') CORRECTION TO ANNOUNCEMENT OF NAV AND DIVIDEND FOR PERIOD TO 31 MARCH 2015 On 2 April 2015, unconditional contracts were exchanged to sell St. George'sCourt in New Malden for £4 million which compared to the independent valuationof £2.9 million as at 31 December 2014 and not, as previously stated, avaluation as at 31 December 2015. -ENDS- For further information: Schroder Real Estate Investment Management Limited 020 7658 6000Duncan Owen / Nick Montgomery Northern Trust: 01481 745529David Sauvarin FTI Consulting: 020 3727 1000Dido Laurimore / Ellie Sweeney