Members' Requisition of EGM

Industrial Multi Property Trust PLC

Members' Requisition of Extraordinary General Meeting

Industrial Multi Property Trust PLC (the "Company") announces that it has received notice from Alpha Real Trust Limited ("ART") who holds approximately 18.7 per cent. of the share capital of the Company requisitioning an extraordinary general meeting of the Company (the "EGM") to consider the following resolutions:

1. That Jonathan Clague is removed as a Director of Industrial Multi Property Trust PLC.

2. That Donald Lake is removed as a Director of Industrial Multi Property Trust PLC.

Accordingly, an EGM will be convened on a date to be confirmed.

The Board presently comprises four independent directors and one director, Mark Rattigan, who is not considered independent since he is also Chief Operating Officer of Alpha Real Capital LLP, the Company's investment adviser and manager. Alpha Real Capital LLP is also the investment manager of ART. The independent directors have recently been engaged with representatives of ART in relation to options for a refinancing of the Company and are therefore all disappointed that ART has nevertheless decided to requisition the removal of two of the independent directors of the Company.

As required under the Isle of Man Companies Act 1931, the Company will be writing to shareholders in due course to convene an EGM and to present more fully its views on the resolutions.

For further information, please contact:

Philip ScalesDirector, Industrial Multi Property Trust PLC+44 (0) 1624 681250

Alastair Moreton

Financial Adviser and Broker, Stockdale Securities Limited

+44 (0) 20 7601 6118