ESP declares first interim dividend

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30 October 2014

Empiric Student Property plc

("ESP" or the "Company" or, together with its subsidiaries, the "Group")

ESP declares first interim dividend

The Board of Empiric Student Property plc (LSE: ESP) expects to pay dividends totalling 2 pence per Ordinary Share in respect of the period from IPO to 31 December 2014. In this regard, the Board has today declared a first interim dividend of 1.5 pence per Ordinary Share in respect of this period payable on or around 28 November 2014 to Ordinary Shareholders on the register on 7 November 2014. The ex-dividend date will be 6 November 2014.

For further information on the Company, please contact:

Further information on ESP can be found on the Company's website at www.espreit.co.uk.

Notes:

Empiric Student Property plc (incorporated in England & Wales) is an internally managed real estate investment trust ("REIT") investing in modern, premium student accommodation, with a focus on quality and with assets generally in prime central locations in top university cities and towns in the UK. The Company listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in June 2014.