Future of the Company

SCHRODER GLOBAL REAL ESTATE SECURITIES LIMITED - Future of the Company

PR Newswire

London, December 18

Schroder Global Real Estate Securities Limited (the "Company" or "SGRE")(a closed-ended investment company incorporated with limited liability under the laws of Guernsey with registered number 44714)

Future of the Company

The Directors of Schroder Global Real Estate Securities Limited have reviewed the strategy and future of the Company. Since the appointment of Schroder Real Estate Investment Management Limited as the Company’s manager and the adoption of a new investment strategy in September 2014 the Company has performed well both in absolute and relative terms and the Directors continue to believe in the investment proposition. However, they also recognise the difficulties of attracting long term demand for a closed-ended vehicle which is perceived to lack sufficient critical mass, impacting upon liquidity in the Company’s shares and the discount at which they trade. Notwithstanding extensive marketing efforts, the Directors conclude that their aspirations to grow the Company are not realisable in current market conditions.

Accordingly, a scheme for liquidation will be put forward for the approval of shareholders and the scheme is expected to provide an opportunity for shareholders to retain their exposure to the same asset class through one or more open-ended vehicles managed by Schroder Real Estate Investment Management Limited or, should they so elect, to receive cash.

A circular will be published in the new year giving details of the proposed scheme including the proposed roll-over vehicle or vehicles and convening a general meeting at which shareholders will be able to vote on the proposals.

Enquiries:Company website: www.schroderglobalrealestatesecurities.com

Paul Fincham or Jonathan BecherPanmure GordonTel : +44 (0) 207 886 2713 or +44 (0) 207 886 2715

Neil Turner or Andrew RobbensSchroder Real Estate Investment Management LimitedTel : +44 (0) 207 658 3017 or +44 (0) 207 658 3780

Franczeska HanfordNorthern Trust International Fund Administration Services (Guernsey) LimitedTel: +44 (0) 1481 745918