Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                

1. Identity of the issuer or the underlying              SEGRO plc             
issuer of existing shares to which voting                                      
rights are attached: ii                                                        

2 Reason for the notification (please tick the appropriate box or boxes):      

An acquisition or disposal of voting rights                               X    
                                                                               
An acquisition or disposal of qualifying financial instruments which           
may result in the acquisition of shares already issued to which voting         
rights are attached                                                            
                                                                               
An acquisition or disposal of instruments with similar economic effect         
to qualifying financial instruments                                            
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please                                                                  
specify):                                                                      

3. Full name of person(s) subject to         Third Avenue Management LLC       
the notification obligation: iii                                               
                                                                               
4. Full name of shareholder(s) (if           Third Avenue Management LLC       
different from 3.):iv                                                          
                                                                               
5. Date of the transaction and date                 29 March 2012              
on which the threshold is crossed or                                           
reached: v                                                                     
                                                                               
6. Date on which issuer notified:                   30 March 2012              
                                                                               
7. Threshold(s) that is/are crossed                     5.00%                  
or reached: vi, vii                                                            

8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type   Situation previous             Resulting situation after           
of           to the triggering                    the triggering                
shares          transaction                        transaction                  
                                                                                
                                                                                
if           Number     Number      Number       Number of        % of voting   
possible       of         of      of shares        voting           rights x    
using        Shares     Voting                     rights                       
the ISIN                Rights                                                  
CODE                                                                            
                                                                                
                                    Direct   Direct   Indirect  Direct  Indirect
                                               xi       xii                     
                                                                                
Ordinary   36,994,672 36,974,687  37,744,514   N/A   37,724,529   N/A    5.09%  
                                                                                
B: Qualifying Financial Instruments                                             
                                                                                
Resulting situation after the triggering transaction                            
                                                                                
    Type of     Expiration      Exercise/         Number of voting   % of voting
   financial    date xiii   Conversion Period    rights that may be    rights   
  instrument                       xiv            acquired if the               
                                                   instrument is                
                                                     exercised/                 
                                                     converted.                 
                                                                                

C: Financial Instruments with similar economic effect to Qualifying Financial   
Instruments xv, xvi                                                             
                                                                                
Resulting situation after the triggering transaction                            
                                                                                
Type of financ Exercise Expiration Exercise/  Number of voting    % of voting   
     ial        price   date xvii  Conversion rights instrument  rights xix, xx 
  instrument                         period       refers to                     
                                     xviii                                      
                                                                                
                                                                Nominal   Delta 
                                                                                

Total (A+B+C)                                                                  
                                                                               
        Number of voting rights               Percentage of voting rights      
                                                                               
              37,724,529                                 5.09%                 

9. Chain of controlled undertakings through which the voting rights and/or the 
financial instruments are effectively held, if applicable: xxi                 
                                                                               
N/A                                                                            

Proxy Voting:                                                                  
                                                                               
10. Name of the proxy holder:                             N/A                  
                                                                               
11. Number of voting rights proxy                         N/A                  
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will                       N/A                  
cease to hold voting rights:                                                   

13. Additional information:                                                    
                                                                               
14. Contact name:                        Robin Healy, Deputy Company Secretary 
                                                                               
15. Contact telephone number:                     [phone]