Director/PDMR Shareholding

11 February 2015 PICTON PROPERTY INCOME LIMITED ("Picton" or the "Company") Director/PDMR Shareholding Pursuant to Listing Rule DTR3.1, Picton Property Income Limited announces thatthe following beneficial holding of ordinary shares was acquired by Mr AndrewDewhirst on 11 February 2015. 1,700 ordinary shares at 69.7p representing 0.00035% of the Company's issuedshare capital. The shares are registered under Barclays Stockbrokers.MrDewhirst is the beneficial holder of a total of 15,000 ordinary sharesrepresenting 0.00307% of the Company's issued share capital. -ENDS- For further information: The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL David SauvarinTel: 01481 745529Fax: 01481 745051 Note to Editors Picton Property Income Limited ('Picton') is an income focused propertyinvestment company listed on the London Stock Exchange. Picton can invest bothdirectly and indirectly in commercial property across the United Kingdom. With Net Assets of £315.7 million at 31 December 2014 and approximately 870investors, the Company's objective is to provide shareholders with anattractive level of income, together with the potential for capital growth byinvesting in the principal commercial property sectors. www.pictonproperty.co.uk