DTR 5.6.1 disclosure

29 December 2014

                        PICTON PROPERTY INCOME LIMITED                         

                          ("Picton" or the "Company")                          

                             DTR 5.6.1 disclosure                              

Pursuant to DTR 5.6.1 the Company announces that the total number of ordinary
shares in issue now stands at 478,407,449 and the total number of voting rights
in the Company is 478,407,449

The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FSA's
Disclosure and Transparency Rules.

                                     ENDS                                      

For further information:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

David Sauvarin
Tel: [phone]
Fax: [phone]


Note to Editors

Picton Property Income Limited ('Picton') is an income focused,
property investment company listed on the London Stock Exchange. It was
established in 2005 to invest both directly and indirectly in commercial
property across the United Kingdom.

With Net Assets of £273.7 million at 30 September 2014, the Company's objective
is to provide shareholders with an attractive level of income, together with
the potential for capital growth by investing in the principal commercial
property sectors.