Director/PDMR Shareholding

SEGRO plc (the Company)

Director/PDMR Shareholding


Under the SEGRO plc Deferred Share Bonus Plan (DSBP) the following awards have
today been granted to Directors/PDMRs of the Company:

Directors                               Number of shares awarded               
                                                                               
Andy Gulliford                          41,226                                 
Justin Read                             41,226                                 
Phil Redding                            47,529                                 
David Sleath                            90,768                                 
                                                                               
PDMRs                                                                          
Elizabeth Blease                        9,145                                  
Liz Reilly                              8,738                                  

Notes:

(a) The awards shown above have been structured as provisional allocations over
ordinary shares in the Company. Further details of the operation of the SEGRO
plc DSBP are available in the Company's 2013 Annual Report and Accounts.

(b) The calculation of the awards was based on a share price of £3.427, which
was the Company's closing mid-market share price on 27 June 2014.

(c) As set out in the Remuneration Report of the 2013 Annual Report and
Accounts, the Total Property Return (TPR) element of the Bonus for the
Executive Directors was estimated. The IPD Benchmark data has recently become
available and the payments for this element of the Bonus have been adjusted
accordingly (see below table).

             Estimated TPR Total Bonus   Actual TPR   Actual Total DSBP Total  
             (2013 Annual  (using                     Bonus                    
             Report)       estimated                                           
                           TPR)                                                
                                                                               
Andy         50.0%         £210,989      26.23%       £188,190     £94,095     
Gulliford1                                                                     

Justin Read  50.0%         £316,800      26.23%       £282,567     £141,284    
                                                                               
Phil         50.0%         £239,760      26.23%       £216,961     £108,481    
Redding1                                                                       
                                                                               
David Sleath 50.0%         £687,500      26.23%       £622,125     £311,063    

 1. The figures for Andy Gulliford and Phil Redding have been pro-rated since
    appointment to the Board on 1 May 2013 but the share award is based on
    their Bonus entitlement for the full year.
   

Stephanie Murton
Legal Counsel
020 7451 9083