Director Declaration

To: RNS

From: Target Healthcare REIT Limited

LEI: 2138008VQQ5Y9QXMX749

Date: 5 November 2018

Subject: Director Declaration

In accordance with Listing Rule 9.6.14, Target Healthcare REIT Limited ('the Company') advises that Hilary Jones, a non-executive Director of the Company, has been appointed as a non-executive director of each of the following companies with such appointments having become effective on 2 November 2018:

· ETFS Commodity Securities Limited

· ETFS Equity Securities Limited

· ETFS Foreign Exchange Limited

· ETFS Hedged Commodity Securities Limited

· ETFS Hedged Metal Securities Limited

· ETFS Metal Securities Limited

· ETFS Oil Securities Limited

· Gold Bullion Securities Limited

· Swiss Commodity Securities Limited

All Enquiries:

Martin Cassels, Maitland Administration Services (Scotland) Limited, 0131 550 3765