SEGRO MULTI-ESTATE INDUSTRIAL PORTFOLIO SALES

August 27, 2008

         SEGRO MULTI-ESTATE INDUSTRIAL PORTFOLIO SALES TOTALLING £110M         

              Portfolios acquired by The Crown Estate and Protego              

SEGRO plc, the leading provider of Flexible Business Space in Europe, has
agreed the sale of two industrial portfolios, one to The Crown Estate for 
£64.4m, and the other to a client of Protego Real Estate Investors LLP for 
£45.8m.

The Crown Estate transaction reflects an initial yield of 7.2% and comprises a
total of 63,247 sq m (680,786 sq ft) of space located within estates in
Basildon, Croydon, Isleworth, Oxford, Swindon and Wimbledon. The Protego
transaction reflects an initial yield of 7.1% and comprises a total of 44,505
sq m (479,046 sq ft) located within estates in Chelmsford, Croydon, Epsom and
Welwyn Garden City. The two portfolios had a vacancy of 4% and a combined
rental income of £8.2m pa.

Ian Sutcliffe, SEGRO Managing Director, UK Property, said;

"SEGRO's UK operations today are focused on major trading estates and on
business "clusters" where we have real critical mass. These 11 individually
small estates were located outside our core locations, with little scope for
further development.

I am pleased to say that these transactions bring to over £200m the cash
generated from UK disposals this year, money which will initially be used to
reduce borrowings and will then be reinvested in the future growth of the
business."

                                   - ENDS -                                    

For further information please contact:

SEGRO                     Tel: [phone]      Michael Waring            
                                                                               
Maitland                  Tel: [phone]      Colin Browne / Liz Morley 

About SEGRO SEGRO is the leading provider of Flexible Business Space in Europe.
Headquartered in the UK, SEGRO is listed on the London Stock Exchange and on
Euronext in Paris. The Company is a UK Real Estate Investment Trust (REIT) with
operations in ten countries, serving a diversified customer base of 1,700
customers operating in a wide range of sectors, representing both small and
large businesses, from start-ups to global corporations. With property assets
of £5.1 billion and around 5.0 million sq m of business space, SEGRO has an
annual rent roll of approximately £290 million - these metrics include trading
properties, development assets and the Group's share of joint ventures. 
www.segro.com