Director Declaration

SEGRO plc (`the Company')

Further to our previous announcement, Justin Read was appointed to the Board of
SEGRO plc as Finance Director, with effect from 30 August 2011. Justin Read was
formerly a director of Speedy Hire PLC.  There is no further information
required to be disclosed in respect of LR 9.6.13. 

Following a recommendation made by the Company, the Trustee of the SEGRO plc
Employees' Benefit Trust notified the Company today, that it had resolved to
grant the following awards under the SEGRO plc Long Term Incentive Plan to the
following Director of the Company:

Director                                Number of shares awarded               
                                                                               
Justin Read                             187,106                                

Note:

(a) The award shown above has been structured as a nil-cost option and
represents the maximum potential award possible if all the performance criteria
are met at the end of the three-year performance period. The award was made
under the same terms and performance conditions as those made to other Director
/PDMRs earlier in the year. Should the performance conditions be met, the
nil-cost option will be exercisable for an 18-month period from 31 August 2014.

(b) The calculation of the award was based on a share price of £2.544, which
was the Company's mid-market share price on 30 August 2011. No consideration
was paid for the grant of this award. The award vests at the discretion of the
Trustee.

Robin Healy

Deputy Company Secretary

020 7451 9082

SEGRO plc