17 March 2015

Hansteen Holdings PLC

("Hansteen")

DIVIDEND DECLARATION

As announced on 9 March 2015, the Board of Hansteen (LSE: HSTN) has declared a second interim dividend of 3.0 pence per share (May 2014: 2.9 pence per share) for the year ending 31 December 2014. In addition to this 'ongoing' interim dividend, the Board declared a special dividend of 3.0 pence per share.

The total dividend of 6.0p will be payable on 21 May 2015 to shareholders on the register at the close of business on 24 April 2015. A Property Income Distribution of 1.4p is included in the second interim dividend payment.

The total dividend relating to the year to 31 December 2014, including the special dividend, will be 8.0 pence per share (2013: 4.8 pence per share).

Hansteen also operates a dividend reinvestment plan ('DRiP'). The latest date for receipt or withdrawal of elections under the DRiP is 26 April 2015.

Further information on the tax treatment of dividends paid by the Company can be found on the Group's website at www.hansteen.co.uk/investor-centre/reit.php

Richard Lowes

Company Secretary

Tel: 020 7408 7000