Directorate Change

15 April 2008

             IAN SUTCLIFFE TO BECOME SEGRO PLC'S MD OF UK PROPERTY             

SEGRO plc is pleased to announce that Ian Sutcliffe is to be appointed as
SEGRO's Managing Director, UK Property, and will be joining the main SEGRO plc
Board when he takes up his position - expected to be no later than this July.
Yesterday Ian stood down as Chief Executive, Taylor Wimpey UK where he was on
the Board, of Taylor Wimpey plc. Ian previously held a number of senior
international roles within Royal Dutch Shell plc.

In late 2007, SEGRO plc announced that John Heawood, Group Executive Director,
UK Property would be leaving the company in July 2008.

Ian Coull, Chief Executive of SEGRO, said:

"I am delighted to welcome Ian Sutcliffe to SEGRO. He is an accomplished
businessman who brings with him a wealth of wide ranging international
experience and acumen. At both Taylor Wimpey and Royal Dutch Shell, through his
drive and energy, Ian made a major contribution to performance - in particular
demonstrating change management skills, and a strong focus on customer and
marketing initiatives.

"In offering Ian Sutcliffe this position, SEGRO was particularly impressed by
the breadth and depth of his general business accomplishments, as well as
management roles which gave him specific insights into the property sector.
Most recently his role at Taylor Wimpey as UK CEO, following the merger of
George Wimpey and Taylor Woodrow, included defining the land and capital
strategy for the new business. At Shell, Ian was the Retail Director in charge
of the commercial development of its UK Petrol Stations; as Managing Director
Shell Caribbean he also led all aspects of the business - he duly progressed
onto US Vice President of Retail, managing the retail capital and assets
strategy for the entire US Shell Oil operations.

"Ian Sutcliffe's arrival at SEGRO marks the culmination of a significant
strengthening of the make up of our Executive team over the last few years - in
particular, with the appointment of Inès Reinmann as Chief Operating Officer,
Continental Europe, Walter Hens as Director of Group Business Development and
David Sleath as Group Finance Director. I believe that SEGRO's management team
is now very powerfully positioned. We are all passionate about the business and
are very much looking forward to taking SEGRO's strategy on to the next
important phases of its implementation and development."

ENDS


Notes:

Ian Sutcliffe was appointed a director of Taylor Wimpey plc and as Chief
Executive of Taylor Wimpey UK in July 2007, following the merger between Taylor
Woodrow and Wimpey. At Taylor Wimpey Ian was a member of the Corporate
Responsibility Committee. Prior to the merger Ian had joined George Wimpey plc
in February 2006 as Managing Director of its UK business - Ian was also a Board
Director at George Wimpey plc. Before this he had held a number of senior roles
with Royal Dutch Shell plc, lastly as Vice President Retail for Shell Oil in
the US. Ian is married, has three children and lives in Surrey.


For further information please contact:

SEGRO                     Tel: [phone]      Michael Waring            
                          Tel: [phone]                                
                                                                               
Maitland                  Tel: + 44 207 379 5151     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 (it completed the exit from its US business in
August 2007), serving a diversified customer base of over 1,600 customers
operating in a wide range of sectors, representing both small and large
businesses, from start ups to global corporations. With property assets of £5.2
billion (including trading properties and development assets) and around 4.7.
million sq m of business space, SEGRO has an annual rental income in excess of
£249 million. www.segro.com