Net Asset Value(s)

8 February 2017

CIVITAS SOCIAL HOUSING PLC

Quarterly Net Asset Value

Civitas Social Housing PLC ("Civitas"), the first LSE-listed REIT specialising in social housing, came to market on 18 November 2016. Civitas is pleased to announce its quarterly net asset value ("NAV") for the short period from Initial Public Offering to 31 December 2016.

At close of business, the unaudited NAV per ordinary share of the Company was 98.0 pence.

Civitas Housing Advisors Limited

Paul Bridge, CEO Tel: +44 (0)20 3709 4622

Cenkos Securities PLC

Tom Scrivens Tel: +44 (0)20 7397 1915

Sapna Shah Tel: +44 (0)20 7397 1922

Pagefield

Philip Dennis Tel: +44 (0)7947 868206

David Leslie Tel: +44 (0)7584 070274

Notes:

Civitas Social Housing PLC is the first Real Estate Investment Trust offering pure play exposure to social housing in England and Wales. The Company is managed by Civitas Housing Advisors Limited. The Company is listed on the premium listing segment of the Official List of the Financial Conduct Authority and was admitted to trading on the main market for listed securities of the London Stock Exchange in November 2016.