Result of General Meeting

To: RNS

From: Target Healthcare REIT Limited

Date: 6 May 2016

RESULTS OF GENERAL MEETING

Target Healthcare REIT Limited (the "Company") is pleased to announce that at a general meeting of the Company held earlier today the resolutions to approve the amended investment policy, the allotment of up to 100 million ordinary shares in the Company on a non pre-emptive basis in connection with the initial placing, offer for subscription and placing programme and the allotment of up to a further 100 million ordinary shares in the Company on a non pre-emptive basis in connection with the placing programme, each as set out in the Circular to shareholders dated 18 April 2016 (the "Circular"), were duly approved by shareholders.

Details of the proxy votes lodged before the general meeting, which should be read alongside the Notice contained in the Circular, are noted below and will be available shortly at www.targethealthcarereit.co.uk

A copy of the resolutions passed at the general meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

For further information please contact:

Target AdvisersKenneth MacKenzie01786 845 912

Stifel Nicolaus Europe Limited

Mark Young, Neil Winward, Tom Yeadon, Roger Clarke

020 7710 7600

R&H Fund Services Limited

Martin Cassels

0131 550 3760

Quill PR

Fiona Harris, Sam Emery

020 7466 5058 / 020 7466 5056