Result of General Meeting

To: RNS

From: Target Healthcare REIT Limited

LEI: 2138008VQQ5Y9QXMX749

Date: 21 February 2018

RESULTS OF GENERAL MEETING

In connection with the Proposals published by Target Healthcare REIT Limited (the "Company") in its Prospectus and Circular on 1 February 2018, the Board of the Company is pleased to announce that at a general meeting of the Company held earlier today the resolution set out on page 11 of the Circular was duly approved by shareholders.

Details of the proxy votes lodged before the general meeting, which should be read alongside the notice contained in the Circular, are noted below and will be available shortly at www.targethealthcarereit.co.uk.

Special Resolution

Votes "For": 119,042,612

Votes "Against": 1,681,179

Votes "Withheld": 17,419

A copy of the special resolution passed at the general meeting has been submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.

Save as otherwise defined in this announcement or where the context otherwise requires, terms defined in the prospectus published by the Company on 1 February 2018 shall bear the same meaning in this announcement.

For further information please contact: