Annual Financial Report

22nd February 2013

St. Modwen Properties PLC (the "Company")

Annual Report & Accounts for the year ended 30th November 2012 and Notice of 2013 Annual General Meeting

The Company announces that its Annual General Meeting will be held on Wednesday 27th March 2013 at 12.00 noon at the Marketing Suite, Innovation Centre, 1 Devon Way, Longbridge Technology Park, Birmingham, B31 2TS.

In connection with this, the following documents have been posted or made available to shareholders today:

Ÿ Annual Report & Accounts for the year ended 30th November 2012 ("Annual Report & Accounts"), incorporating the notice of 2013 Annual General Meeting ("AGM Notice"); and

Ÿ proxy form for the 2013 Annual General Meeting.

Copies of these documents have been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do.

Both the AGM Notice and Annual Report & Accounts can be viewed at and downloaded from the Company's website at www.stmodwen.co.uk.

Information required to be communicated in accordance with Rule 6.5.2 of the Disclosure Rules and Transparency Rules of the Financial Services Authority was set out within the Company's annual results announcement issued on 5th February 2013.