RESULT OF GENERAL MEETING

SUPERMARKET INCOME REIT PLC

(the "Company")

RESULT OF GENERAL MEETING

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

In connection with the proposed issues of Ordinary Shares, including the £65 million Placing and Offer for Subscription by way of the Initial Issue, as announced by the Company on 25 April 2018, the board of Supermarket Income REIT plc (LSE: SUPR), the only real estate investment company dedicated to investing in UK supermarket property, confirms that the Resolutions proposed at the General Meeting of the Company held today were duly passed.

Full details of the Resolutions were set out in the Registration Document published by the Company on 25 April 2018 (the "Registration Document").

Total votes cast represented approximately 62.27% of those entitled to vote and are set out below in respect of each Resolution:

Notes:

a) Percentages are expressed as a proportion of the total votes cast (which does not include votes withheld).

b) A "vote withheld" is not a vote in law and is not counted in the calculation of the proportion of the votes "For" and "Against" a resolution.

c) Any proxy appointments which gave discretion to the Chairman have been included in the "For" totals.

All capitalised terms in this announcement and not otherwise defined shall have the meaning given to them in the Registration Document. The Registration Document, along with the related Securities Note and Summary, is available in the Investor Centre of the Company's website, www.supermarketincomereit.com

Following the approval of Shareholders at the General Meeting today, the £65 million Initial Issue remains conditional upon inter alia (i) the Placing Agreement becoming or being declared unconditional in all respects and not having been terminated in accordance with its terms; and (ii) Admission becoming effective. 

For further information, please contact:

Atrato Capital Limited +44 (0)20 3790 8087

Ben Green

Steve Windsor

Steve Noble

Stifel - Bookrunner, Financial Adviser and Placing Agent +44 (0)20 7710 7600

Tom Yeadon

Neil Winward

Mark Young

Goodbody - Placing Agent +44 (0)20 3841 6220

James Felix

Bruce Garrow

Richard Tunney

Tavistock +44 (0)20 7920 3150

Jeremy Carey

James Whitmore

James Verstringhe

IMPORTANT NOTICES

This announcement is for information purposes only and does not constitute or form part of any offer to sell or subscribe for or any invitation to purchase or subscribe for any securities of the solicitation of any vote or approval in any jurisdiction pursuant to the Initial Issue. It does not constitute a prospectus or prospectus equivalent document.

OVERSEAS JURISDICTIONS

This announcement may not be published, distributed, released or transmitted by any means or media, directly or indirectly, in whole or in part, in or into the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States. The securities mentioned herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "US Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and will not be offered, sold, exercised, resold, transferred or delivered, directly or indirectly, in or into the United States or to, or for the account or benefit of, any US person (as defined under Regulation S under the US Securities Act) unless registered under the US Securities Act or offered in a transaction exempt from, or not subject to, the registration requirements of the US Securities Act. There will be no public offer of the shares in the United States. The Company has not been, and will not be, registered under the U.S. Investment Company Act of 1940, as amended.

Neither this announcement nor any copy of it may be: (i) taken or transmitted into or distributed in Canada, Australia, Japan or the Republic of South Africa or to any resident thereof or (ii) taken or transmitted into or distributed in any other jurisdiction where to do so might constitute a violation of the relevant laws or regulations of such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the securities laws or the laws of any such jurisdiction. The distribution of this announcement in other jurisdictions may be restricted by law and the persons into whose possession this announcement comes should inform themselves about, and observe, any such restrictions.

NOTES TO EDITORS:

Supermarket Income REIT plc (SUPR) listed on the London Stock Exchange in July 2017. SUPR acquires UK supermarket sites that form a key part of the future model of grocery in the United Kingdom. SUPR aims to provide long-term RPI-linked income, from institutional grade tenants and the potential for capital growth through active asset management. Atrato Capital Limited is the Company's Investment Adviser.

Further information is available on the Company's website www.supermarketincomereit.com