Result of EGM

9 November 2011

Public Service Properties Investments Limited

("PSPI" or the "Company")

Scrip Dividend Alternative

Results of Extraordinary General Meeting

PSPI (AIM: PSPI), the specialist European care home real estate investment and financing company, is pleased to confirm that at the EGM held earlier today the resolution to authorise the Directors to offer Shareholders and Depositary Interest Holders the opportunity to participate in the Scrip Dividend Alternative in lieu of cash dividends, as set out in the notice of EGM, was duly passed.

As stated in the circular sent to Shareholders and Depositary Interest Holders on the 21 October 2011 (the "Circular"), the 2011 Interim Dividend shall be paid on 29 November 2011 to those Shareholders on the register on 14 October 2011. In respect of the 2011 Interim Dividend a maximum of 2,925,547 New Shares and/or New Depositary Interests shall be issued under the Scrip Dividend Alternative and £706,205 will be paid out as dividend in cash. Application shall be made for such New Shares and/or New Depositary Interests to be admitted to trading on AIM which is expected to become effective on 29 November 2011.

The Company announced that the following Directors of the Company have elected to participate in the Scrip Dividend Alternative in respect of the Shares and Depositary Interests held by them (or in respect of which they were beneficially interested) in lieu of cash dividends. These Directors made their elections on the 8 November 2011 and PSPI was informed of this on 9 November 2011.

Terms used in this announcement shall (unless the context otherwise requires) have the same meanings as set out in the Circular.

For further information, please contact: