Dividend Declaration

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LTD - Dividend Declaration

PR Newswire

London, August 8

To: Company Announcements

Date: 9 August 2016

Company: Standard Life Investments Property Income Trust Limited

Subject: Dividend Declaration

Second Interim Dividend

The Directors of Standard Life Investments Property Income Trust Limited (the "Directors") have declared that a property income dividend be payable in respect of the quarter ended 30 June 2016 as follows;

Ex-Dividend Date - 18 August 2016

Record Date - 19 August 2016

Payment Date - 31 August 2016

Dividend per Share - 1.19p

All Enquiries:

The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedPO Box 255Trafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL

Sharon A WilliamsTel: 01481 745436Fax: 01481 745186