Delta Extension and Property Sale

Wichford P.L.C.

("Wichford" or the "Company")

Extension of Delta Facility and Sale of St Cloud

17September 2010

Wichford P.L.C., the property investment company, today announces the extension of the Delta facility and completion of the St Cloud sale.

Extension of Delta Facility

The Company has finalised the extension of its £114.6m facility for a further two year period. The maturity date has been extended to October 2012. All other terms of the facility remain unchanged including the total interest cost of 5.73%.

The Company has now successfully extended all three of its UK debt facilities totaling £360.3m. The weighted average interest rate of the UK debt facilities is now 5.36%.

Sale of St Cloud

Further to the announcement in the latest Interim Management Statement, the Company has now completed the sale of St Cloud for €6.13m. The sales price is 3.1% ahead of the latest valuation in local currency terms.

The property was the Company's only French asset and the sale will simplify the Group's property portfolio and corporate structure. The proceeds will be used to recycle capital back into the UK portfolio.

Philippe de Nicolay, Non-executive Chairman of Wichford P.L.C. commented today:

"I am very pleased that, as anticipated, the Company has now successfully extended all three of its UK debt facilities, which is the culmination of a significant amount of hard work following last year's Rights Issue. The Company is now on a much stronger footing having secured its medium term funding position."

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Notes to editors

Wichford P.L.C. (UK Listed: WICH) is a property investment company, with a portfolio focused on investment property occupied principally by Central and State Government bodies. Approximately a quarter of the portfolio comprises public sector rented properties in Germany and the Netherlands.