Standard LifeInvProp Publication of Supplementary Prospectus

 
TIDMSLI 
 
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN OR INTO OR 
   FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE 
  RELEVANT LAWS OF SUCH JURISDICTION IN PARTICULAR THE UNITED STATES, CANADA, 
                              AUSTRALIA AND JAPAN 
 
This announcement is for information purposes only and shall not constitute an 
offer to sell or issue or the solicitation of an offer to buy, subscribe for or 
  otherwise acquire any ordinary shares of Standard Life Investments Property 
      Income Trust Limited in any jurisdiction in which any such offer or 
                        solicitation would be unlawful. 
 
To:          RNS 
 
From:     Standard Life Investments Property Income Trust Limited 
 
Date:      15 December 2015 
 
Publication of Supplementary Prospectus 
 
Standard Life Investments Property Income Trust Limited (the "Company") has 
today published a supplementary prospectus in relation to the Initial Placing 
and Offer which has been approved by the UK Listing Authority. 
 
On 11 December 2015 (the date set out in the Prospectus by which the Initial 
Placing and Offer was originally expected to have closed) the conditions to 
Admission had not been satisfied.  In addition, the Investment Manager is now 
in advanced legal negotiations in relation to the sale of the property situated 
at St James's House, Cheltenham (the "Cheltenham Property") which is expected 
to complete prior to Admission. Since the date of the Prospectus the Investment 
Manager has also confirmed the final costs and expenses in respect of the 
Proposals and the adjustments required in relation to the purchase price for 
the Acquisition. 
 
The Board has therefore extended the timetable in relation to the Initial 
Placing and Offer, in accordance with the terms of the Prospectus, to 11 a.m. 
on 18 December 2015, and is amending the Minimum Issue Proceeds that are 
required to be raised prior to Admission to either GBP75 million or, if the sale 
of the Cheltenham Property is completed prior to Admission, GBP65 million. 
 
The supplementary prospectus is supplemental to, and should be read in 
conjunction with, the prospectus published by the Company on 17 November 2015. 
 
Copies of the supplementary prospectus will shortly be available for inspection 
at www.morningstar.co.uk/uk/NSM and are also available in electronic form on 
the Company's website at www.standardlifeinvestments.com/its. 
 
All enquiries 
 
Jason Baggaley/Gordon Humphries, Standard Life Investments 
Tel: 0131 245 2833/0131 245 2735 
 
Graeme Caton, Winterflood Investment Trusts 
Tel: 020 3100 0268 
 
Douglas Armstrong, Dickson Minto W.S. 
Tel:  020 7649 6823 
 
 
 
END

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