Dividend Declaration

To:         Company Announcements

Date:    9 May 2018

Company:  Standard Life Investments Property Income Trust Limited

LEI:  549300HHFBWZRKC7RW84

Subject:  Dividend Declaration

First Interim Dividend

The Directors of Standard Life Investments Property Income Trust Limited (the "Directors") have declared that a property income dividend be payable in respect of the quarter ended 31 March 2018 as follows;

Ex-Dividend Date -    17 May 2018

Record Date -            18 May 2018

Payment Date -         31 May 2018

Dividend per Share -  1.19p



All Enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
PO Box 255
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel:  [phone]
Fax: [phone]