Results of General Meeting

To:       RNS

From:   Standard Life Investments Property Income Trust Limited

Date:    11 December 2015

RESULTS OF GENERAL MEETING

Standard Life Investments Property Income Trust Limited (the "Company") is pleased to announce that at a general meeting of the Company held earlier today the resolutions to approve the acquisition of the new property portfolio and the allotment of up to 122 million ordinary shares in the Company on a non pre-emptive basis in connection with the initial placing and offer for subscription, each as set out in the Circular to shareholders dated 17 November 2015 (the "Circular"), were duly approved by shareholders.

Details of the proxy votes lodged before the general meeting, which should be read alongside the Notice contained in the Circular, are noted below and will be available shortly at www.standardlifeinvestments.com/its

	For	Against	Withheld
Ordinary Resolution	58,499,792	14,183	742,517
Special Resolution	55,167,942	3,346,033	742,517

A copy of the resolutions passed at the general meeting have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

For further information please contact:       

Jason Baggaley/Gordon Humphries, Standard Life Investments
Tel: [phone] 245 2735

Graeme Caton, Winterflood Investment Trusts
Tel: [phone]

Douglas Armstrong, Dickson Minto W.S.
Tel:  [phone]