SEGRO PLC - Director/PDMR Shareholding

SEGRO plc (the Company)

Director/PDMR Shareholding Under the SEGRO plc Deferred Share Bonus Plan (DSBP) the following awards have
today been granted to Directors/PDMRs of the Company:

Directors                               Number of shares awarded

Andy Gulliford                          41,226
Justin Read                             41,226
Phil Redding                            47,529
David Sleath                            90,768

PDMRs
Elizabeth Blease                        9,145
Liz Reilly                              8,738

Notes:

(a) The awards shown above have been structured as provisional allocations over
ordinary shares in the Company. Further details of the operation of the SEGRO
plc DSBP are available in the Company's 2013 Annual Report and Accounts.

(b) The calculation of the awards was based on a share price of £3.427, which
was the Company's closing mid-market share price on 27 June 2014.

(c) As set out in the Remuneration Report of the 2013 Annual Report and
Accounts, the Total Property Return (TPR) element of the Bonus for the
Executive Directors was estimated. The IPD Benchmark data has recently become
available and the payments for this element of the Bonus have been adjusted
accordingly (see below table).

             Estimated TPR Total Bonus   Actual TPR   Actual Total DSBP Total
             (2013 Annual  (using                     Bonus
             Report)       estimated
                           TPR)

Andy         50.0%         £210,989      26.23%       £188,190     £94,095
Gulliford1

Justin Read  50.0%         £316,800      26.23%       £282,567     £141,284

Phil         50.0%         £239,760      26.23%       £216,961     £108,481
Redding1

David Sleath 50.0%         £687,500      26.23%       £622,125     £311,063

 1. The figures for Andy Gulliford and Phil Redding have been pro-rated since
    appointment to the Board on 1 May 2013 but the share award is based on
    their Bonus entitlement for the full year. Stephanie Murton
Legal Counsel
020 7451 9083