Directorate Change

1st November 2016

St. Modwen Properties PLC

("St. Modwen" or the "Company")

MARK ALLAN JOINS ST. MODWEN AS CHIEF EXECUTIVE DESIGNATE

Further to the announcement made on 7th April 2016, St. Modwen is pleased to announce that Mark Allan joins the Company today as Chief Executive Designate and executive director. He will be appointed Chief Executive with effect from 1st December 2016 following the retirement of Bill Oliver on 30th November 2016.

ENQUIRIES:

St. Modwen Properties PLCBill Shannon, ChairmanCharlotte McCarthy, Head of PR and CommunicationsTel: 0121 222 9400FTI ConsultingDido Laurimore

Tom Gough

Ellie SweeneyTel: 020 3727 1000

Notes to editors:

St. Modwen Properties PLC

St. Modwen is the UK's leading regeneration specialist. The Company operates across the full spectrum of the property industry from a network of regional offices, a residential business and through joint ventures with public sector and industry leading partners.

The Company is focussed wholly upon regeneration with an outstanding 30 year track record of adding value by managing schemes through the planning process, remediating brownfield land and active asset management and development.

With extensive experience in dealing with complex and challenging sites, St. Modwen has a land bank of over 6,000 acres and is focused on the long-term development of commercial property and residential land.

St. Modwen's £1.7bn national portfolio of over 100 projects includes the regeneration of New Covent Garden Market, London; the transformation of Longbridge, Birmingham; and the on-going regeneration of over 2,500 acres of former industrial land in South Wales which includes the delivery of the new £450m Bay Campus for Swansea University.