Restructure Proposals

Slough Estates PLC
10 January 2006


                SLOUGH ESTATES TO RESTRUCTURE UK CONSTRUCTION ARM

Slough Estates plc ('Slough') announces today that it is proposing to outsource
the company's UK construction activities, reflecting best practice in the
property sector. Slough's construction activities in Continental Europe and in
the USA are already outsourced.

The proposed change in the UK will be phased over a period of time, as existing
projects are completed. Certain key central functions will be retained in order
to project manage those activities which will in future be outsourced.

Ian Coull, Chief Executive of Slough Estates plc, said:
'This marks a further step in focusing the company on its core skills - on those
areas where we are best positioned to add value. It maintains our pace of change
and will further increase the competitiveness of our business'.

                                     -ends-

For further information please contact:

Slough Estates                         Maitland Consultancy
Michael Waring                         Colin Browne
Director of Corporate Communications
Tel: [phone]                      Tel: [phone]


Notes to editors

Slough Estates is a leading provider of flexible business space in business
parks in Western Europe and North America, with over 1500 customers occupying
approximately 3m square metres of business space. 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, Dusseldorf, 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. For further information:
www.sloughestates.com




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