Publication of Supplementary Prospectus

Schroder Real Estate Investment Trust Limited (the "Company") 17 November 2014 Publication of Supplementary Prospectus Further to the announcement of the Company's results for the six months ended30 September 2014, the Company is pleased to announce the publication of aSupplementary Prospectus. A copy of the Supplementary Prospectus will shortly be submitted to theNational Storage Mechanism and will be available for inspection atwww.hemscott.com/nsm.do. The Supplementary Prospectus will also be available shortly on the Company'swebsite at www.srei.co.uk. For further information: Schroder Property Investment Management Limited:Duncan Owen / Nick Montgomery020 7658 6000 Northern Trust:David Sauvarin01481 745529 J.P. Morgan Cazenove:William Simmonds020 7742 4000 Numis Securities:David Benda020 7260 1000 FTI Consulting:Dido Laurimore / Ellie Sweeney020 3727 1000