Director/PDMR Shareholding

PICTON PROPERTY INCOME LTD - Director/PDMR Shareholding

PR Newswire

London, March 21

21 March 2016

PICTON PROPERTY INCOME LIMITED(“Picton” or the “Company”)

Director/PDMR Shareholding

Pursuant to Listing Rule DTR3.1, Picton Property Income Limited announces that the following beneficial holding of ordinary shares was acquired by Mrs Rebecca D’Arcy; wife of Mr Fraser D’Arcy, a Director of Picton Capital Limited, on 21 March 2016.

8,687 ordinary shares at 68.93p representing 0.0016% of the Company’s issued share capital. The shares are registered under Hargreaves Lansdown.

Rebecca D’Arcy is the beneficial holder of a total of 8,687 ordinary shares, representing 0.0016% of the Company’s issued share capital.

-ENDS-

For further information:

The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernsey GY1 3QL

David SauvarinTel: 01481 745529Fax: 01481 745051

Note to Editors

Picton Property Income Limited ('Picton') is an income focused, property investment company listed on the London Stock Exchange. Picton can invest both directly and indirectly in commercial property across the United Kingdom.

With Net Assets of £408.8 million at 31 December 2015, the Company's objective is to provide shareholders with an attractive level of income, together with the potential for capital growth by investing in the principal commercial property sectors. www.picton.co.uk