Dividend Declaration

Standard Life Investments Property Income Trust - Dividend Declaration

PR Newswire

London, April 19

To: Company Announcements

Date: 20 April 2021

Company: Standard Life Investments Property Income Trust Limited

LEI: 549300HHFBWZRKC7RW84

Subject: Dividend Declaration

Fifth Interim Dividend

On 3 February 2021, recognising the importance of dividends to shareholders, the Board indicated that a further interim dividend would be payable in order to comply with the REIT rules to distribute at least 90% of its annual property income within 12 months of the year end. The Board is therefore pleased to declare that a further property income dividend will be payable by the Company in respect of the year ended 31 December 2020 as follows:

Dividend per Share - 0.381p

Ex-Dividend Date - 29 April 2021

Record Date - 30 April 2021

Payment Date - 18 May 2021

Following the payment of this dividend, shareholders will have received payments totalling 3.713 pence per share in relation to the year ended 31 December 2020, representing 78% of the 2019 level. Based on this dividend level, dividend cover was 110% for 2020.

All Enquiries:

The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedPO Box 255Trafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QLTel: 01481 745385