Result of EGM

4 October 2017

Specialist Investment Properties plc

 (the "Company" or "SIPP")

Result of EGM

Specialist Investment Properties plc announces that at its extraordinary general meeting held earlier today, the special resolution to approve the proposed cancellation of the admission of the Company's ordinary shares to trading on AIM was passed.

Accordingly, as detailed in the Company's circular and announcement of 11 September 2017, the last day of dealings in the Company's Ordinary Shares will be 11 October 2017 and at 7.00 a.m. on 12 October 2017, the Company's Ordinary Shares will be cancelled from trading on AIM.

For further information:

Specialist Investment Properties plc

John Le Poidevin / Lynn Bruce / Simon Clements

+44 (0) 1481 724222

Allenby Capital Limited (Nomad and Broker to the Company)

David Worlidge / James Thomas / Liz Kirchner

+44 (0) 20 7167 6433