Change of Adviser

Yew Grove REIT plc

(the "Company" or "Yew Grove")

Change of Joint Broker, Nominated Adviser and Euronext Growth Adviser

The Board of Directors of Yew Grove REIT plc ("Yew Grove") announces that Liberum Capital Limited has been appointed as joint corporate broker and Nominated Adviser. Goodbody Stockbrokers UC continues as joint corporate broker and has been appointed as Euronext Growth Adviser. The appointments will take effect from the close of business on 23 January 2020. Yew Grove would like to thank Investec Bank for their work as joint corporate broker, Nominated Adviser and Euronext Growth Adviser to the Company to date.

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Notes to editors:

Yew Grove REIT plc, quoted on the London Stock Exchange's AIM and Euronext Growth Dublin, is an Irish commercial real estate company invested in a diversified portfolio of Irish commercial property. Yew Grove has a particular focus on well-tenanted commercial real estate assets comprising of office and industrial assets outside of Dublin's Central Business District.

Yew Grove's highly experienced team has a proven track record in commercial property investment in Ireland and internationally, and is focused on delivering results. Its investment approach is strategic, not speculative, principally on assets that are let, pre-let or to be let after refurbishment. Shareholders are provided with stable, long-term income from a diverse portfolio of commercial property comprising well-tenanted real estate in strategic centres let to Irish government entities and other state bodies, IDA Ireland supported and other FDI companies, and larger corporates.

ENDS