Two pre-lets in Poland

SEGRO signs two further pre-let developments in Poland

SEGRO, Europe's leading industrial REIT, is pleased to announce that it has
signed two further pre-let developments in Poland which in aggregate total
39,300 sq m (423,000 sq ft) of logistics warehousing space.

In Gliwice, in the south of Poland, SEGRO has agreed to develop a new 31,700 sq
m (341,200 sq ft) distribution facility for a major retailer who will occupy
the new facility under a 28 year lease. SEGRO will begin construction of the
project in October, subject to planning, and expects to complete the
development in Q3 2012.

In addition, in an extension to SEGRO's successful Tulipan Park development in
Lodz, it is constructing a 7,600 sq m (81,800 sq ft) centralised country-wide
sorting hub for the Polish courier company, Opek. Opek has signed a 15 year
lease and construction on this development, subject to planning, will begin in
Q4. The project is currently scheduled for completion in Q3 2012.

Following these transactions, SEGRO's group-wide current pipeline of contracted
and under construction developments now totals 25 projects comprising an
aggregate of 256,000 sq m (2,755,600 sq ft) and representing circa £200 million
of capital expenditure and £23 million of annualised rental income, of which 75
per cent is pre-let.

Commenting David Sleath, SEGRO's Chief Executive, said:

"We are delighted to have secured these deals which are part of our continuing
focus on expanding our development pipeline and growing our income stream. They
show there is still good demand for build-to-suit projects on well located
development sites in our core markets."

For further information please contact:

SEGRO                   [phone]   Alex Shorland-Ball               
                                                                               
Tulchan Communications  [phone]   John Sunnucks/David Shriver      

About SEGRO:

SEGRO is Europe's leading developer and owner of industrial space. The Group is
a Real Estate Investment Trust (REIT), listed on the London Stock Exchange.
SEGRO's portfolio comprises £5.4 billion of predominantly industrial and
warehouse assets concentrated in and around major business centres and
transportation hubs such as ports, airports and motorway intersections. The
Group serves over 1,600 customers spread across many geographies and different
industry sectors. It has 5.5 million sq m of built space and a passing rent
roll of £340 million (as at 30 June 2011).

In Poland, SEGRO has 486,100 sq m of built space. Its portfolio consists of
predominantly big box logistics warehousing space, concentrated around the key
areas of Warsaw, Silesia, Poznan and Lodz/Strykow. As at 30 June 2011, the
vacancy rate in Poland, by ERV, was 3.4%.

For further information see www.SEGRO.com