Disclosure of Home Member State

To:                   Company Announcements
Date:                20^th January 2016
Company:         Standard Life Investments Property Income Trust Limited

Subject: Disclosure of home member state

The Company announces that the UK is its home state as required by DTR 6.4.2

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

Sharon A Williams
Tel:       01481 745436
Fax:      01481 745085