23 June 2015

SEGRO COMPLETES ACQUISITION OF STAKE IN VAILOG SRL

Further to its announcement dated 22 May 2015, SEGRO plc confirms that it has completed the acquisition of a 90 per cent stake in Italian logistics real estate development company, Vailog Srl.

ENDS

For further information, please contact:

SEGRO plc

Harry Stokes (Head of Investor Relations and Research)

Tel: +44 207 451 9124 / harry.stokes@segro.com

Lizzie Humphreys (External Communications Manager)

Tel: +44 (0) 20 7451 9129 / lizzie.humphreys@segro.com

FTI Consulting

Richard Sunderland / Claire Turvey

Tel: +44 (0) 20 3727 1000

About SEGRO:

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, asset manager and developer of modern warehousing and light industrial property. It owns or manages 5.7 million square metres of space in £6.0 billion of assets (at 31 December 2014, SEGRO's share of which totals £4.8 billion), serving 1,200 customers from a wide range of industry sectors. Its properties are located around major conurbations and at key transportation hubs across eight European countries, principally in the UK, France, Germany and Poland.

For further information see www.SEGRO.com/investors.