Schroder Real Estate Investment Trust Limited (the "Company")          
                                                                                   
                            Disclosure of home member state                        
                                    26 January 2016                                
                                                                                   

    Following changes made to the Disclosure Rules and Transparency Rules ("DTR")
    as a result of the Transparency Directive Amending Directive (2013/50/EU), the
    Company is required to disclose its home state. Accordingly, in accordance with
    DTR 6.4.2, the Company announces that its home state is the United Kingdom.


    For further information please contact:
    The Company Secretary
    Northern Trust International Fund Administration Services (Guernsey) Limited
    Trafalgar Court
    Les Banques
    St Peter Port
    Guernsey
    GY1 3QL


    Tel: 01481 745001
    Fax: 01481 745051