Notice of IMS

20 January 2011

METRIC PROPERTY INVESTMENTS PLC

("Metric" or the "Company")

NOTIFICATION OF INTERIM MANAGEMENT STATEMENT

Metric Property Investments plc, the UK specialist retail real estate investment trust, will announce its third quarter Interim Management Statement on Thursday 3 February 2011.

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For further information, please contact:

Metric Property Investments plc Tel: +44 (0) 20 7129 7000

Andrew Jones (Chief Executive)

Sue Ford (Finance Director)

Juliana Weiss Dalton (Investor Relations)

Financial Dynamics Tel: +44 (0) 20 7831 3113

Stephanie Highett

Dido Laurimore

Olivia Goodall

About Metric Property Investments

Metric Property Investments plc ("Metric") is a UK retail focused real estate investment trust (REIT) managed by a highly experienced team led by Andrew Jones, Valentine Beresford, Mark Stirling and Sue Ford. Metric was established in early 2010 as an investor in retail assets located across the UK. By placing the occupier and their needs at the centre of its strategy, the company seeks to generate attractive returns for shareholders led by sustainable income and capital appreciation achieved through the active management of its portfolio. Metric was listed on the main market of the London Stock Exchange plc (LSE ticker: METP) in March 2010.