Dividend Declaration

Standard Life Investments Property Income Trust - Dividend Declaration

PR Newswire

London, November 8

To: Company Announcements

Date: 9 November 2017

Company: Standard Life Investments Property Income Trust Limited

LEI: 549300HHFBWZRKC7RW84

Subject: Dividend Declaration

Third 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 September 2017 as follows;

Ex-Dividend Date - 16 November 2017

Record Date - 17 November 2017

Payment Date - 30 November 2017

Dividend per Share - 1.19p

All Enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

PO Box 255

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Sharon A Williams

Tel: 01481 745436

Fax: 01481 745186