Dividend Declaration

To:       Company Announcements

Date:    7 August 2018

Company:  Standard Life Investments Property Income Trust Limited
LEI:  549300HHFBWZRKC7RW84
Subject:  Dividend Declaration
Second  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 30 June 2018 as follows;

Ex-Dividend Date -    16 August 2018

Record Date -            17 August 2018

Payment Date -         31 August 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]