Disposal

Slough Estates International completes £26.2 million disposal of Fire Control 
               Centre, Cambridge Research Park, to Evans Randall               

Slough Estates International (SEI) announces it has completed the disposal of
the Fire Control Centre, Cambridge Research Park (CRP) to Evans Randall for £
26.2m.

The transaction involves the forward sale of a 31,278 sq ft three storey office
building to be used as a Regional Control Centre for the Fire & Rescue Service.
The building, which will serve the entire East of England on a 24/7 basis, is
one of eight currently contracted by the Department for Communities and Local
Government (DCLG) to be built in England.

Development of the Fire Control Centre will commence in March 2007 and is
expected to cost £21.4m, including an annual licence fee of £1.35m for the
three year period between completion and commencement of income. SEI is paying
this licence - to Evans Randall - in order to enable the forward sale of the
site.

John Heawood, UK Property Director commented:

"This is the largest pre-lease in the Cambridge market for a number of years.
The sale is in line with the proactive and flexible approach SEI takes,
maximising the value of its portfolio through the aggressive recycling of
assets. It demonstrates SEI's ability to deliver complex buildings to bespoke
occupier requirements and continues the pace of development at CRP."

                                    -ends-                                     

For further information please contact:

Slough Estates plc                      Maitland                               
                                                                               
Michael Waring                          Colin Browne/Peter Ogden               
                                                                               
Tel: [phone]                       Tel: [phone]                     

Slough Estates International

Slough Estates is the leading European provider of flexible business space and
owns business parks in Europe and North America, with four million square
metres of business space and over 1600 customers (as at 31 December 2005).
Slough Estates' properties are in suburban locations in close proximity to the
main business centres, where there is long term demand for business
accommodation to serve these key economic regions. The company's main
activities are currently based around London, Brussels, Paris, Düsseldorf,
Amsterdam, San Francisco and San Diego and the company continues to develop new
business parks with the long term objective of building shareholder value and
enhancing its reputation for quality buildings offering excellent value to
customers. www.sloughestates.com