Statement re media speculation

STATEMENT RE MEDIA SPECULATION                         

SEGRO notes the recent press coverage and confirms that discussions are being
held about a possible equity capital raising.  Any decisions will be
communicated to shareholders when appropriate.


For further information please contact:

SEGRO                     [phone]          David Sleath             
                                                                             
Maitland                  [phone]                      
                          07733 103800              Colin Browne               
                          07798 683108              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 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 as at 30 June 2008 and around 5.0 million sq m of business space, SEGRO
has an annual rent roll of approximately £290 million (Note: these metrics
include trading properties, development assets and the Group's share of joint
ventures).  www.SEGRO.com