Dividend Declaration

11 March 2010

Hansteen Holdings PLC

("Hansteen" or the "Company")

DIVIDEND DECLARATION

Hansteen is pleased to announce that the Board has declared a dividend of 3.2 pence per share (2009: 3.2 pence) which will be paid on 1 April 2010 to ordinary shareholders on the register on 19 March 2010. Of this dividend 0.34 pence per share is a REIT Property Income Distribution (PID) in respect of the Group's tax exempt property rental business. Further information on the tax treatment of dividends paid by the Company can be found on the Group's website at www.hansteen.co.uk/investor-centre/reit.php

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