Purchase

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LTD - Purchase

PR Newswire

London, July 23

To: Company AnnouncementsDate: 23 July 2015Company: Standard Life Investments Property Income Trust Limited

Subject: SLIPIT Purchase

Standard Life Investments Property Income Trust is pleased to announce it has completed the purchase of a retail warehouse and car show room in Bradford for £5.1m, a yield of 9.5%. The Halfords unit is located next to the dominant retail warehouse park in Bradford, and is let to Halfords, who in turn sublet part to Maplin. The car show room is let for a further 6 years but the tenant is not in occupation.

Jason Baggaley, Fund Manager of SLIPIT, said “I am delighted with this investment as it offers a very attractive running yield and has plenty of asset management potential as the occupational tenants trade well and the vacant car showroom also has alternative use potential

All enquiries:

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

Sharon Ann WilliamsTel: 01481 745436Fax: 01481 745086