Total Voting Rights

To: RNS

From: Target Healthcare REIT Limited

Date: 31 May 2016

Subject: Total Voting Rights

Target Healthcare REIT Limited (the "Company")

Total Voting Rights

In accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, at 31 May 2016 the total number of ordinary shares of no par value in the Company was 252,180,851 each with voting rights. The Company holds no ordinary shares in treasury. Therefore, the total number of voting rights in the Company is 252,180,851.

The above figure of 252,180,851 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Target Healthcare REIT Limited, under the FCA's Disclosure and Transparency Rules.

For further information please contact:

Martin A Cassels

R&H Fund Services Limited

0131 550 3760