Notice of Annual General Meeting

Standard Life Investments Property Income Trust Limited
(an authorised closed-ended investment company incorporated in Guernsey with registration number 41352)
(the “Company”)

 6^th May 2016

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Twelfth Annual General Meeting of the Company will be held at 30 St Mary Axe, London, EC3A 8EP on Thursday 2 June 2016 at 11.30 a.m.

A copy of the Notice of Annual General Meeting and the Annual Report and Financial Statements for the year ended 31 December 2015 has been posted to shareholders and is available on the Company’s website: http://www.standardlifeinvestments.com/its

In accordance with Listing Rule 9.6.3, the documents will shortly be available for inspection on the National Storage Mechanism which is located at: www.morningstar.co.uk/uk/NSM.

Enquiries:

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

Tel: [phone]
Fax: [phone]

END