Statement re Market Speculation

18 February2009

                        STATEMENT RE MARKET SPECULATION                        

SEGRO notes recent speculation regarding potential equity issuance by the
company.

SEGRO is assessing all financing options including equity issuance but has made
no decisions and will keep the market informed as appropriate.

For further information please contact:

SEGRO                      [phone]           Tamarin Shore            
                                                                               
Maitland                   [phone]           Colin Browne             
                                                                               
                           [phone]                                    

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

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