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Standard Life Investments Property Income Trust - Dividend Declaration

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To: Company Announcements

Date: 4 November 2020

Company: Standard Life Investments Property Income Trust Limited

Subject: Dividend Declaration

Third Interim Dividend

The Directors of Standard Life Investments Property Income Trust Limited (the "Directors") have declared that a property income dividend be payable in respect of the quarter ended 30 September 2020 as follows;

Ex-Dividend Date - 12 November 2020

Record Date - 13 November 2020

Payment Date - 30 November 2020

Dividend per Share - 0.714p

All Enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

PO Box 255

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: 01481 745436

Fax: 01481 745186