Statement re Chairman Sir Nigel Mobbs

Slough Estates PLC For immediate release 21st October, 2005 SLOUGH ESTATES PLC DEATH OF SIR NIGEL MOBBS Slough Estates plc is today sad to announce the death of Sir Nigel Mobbs, who stood down as Chairman in August this year owing to ill health. The thoughts of everyone at Slough Estates are with his family. A Director since 1963, he became Chairman and Chief Executive in 1976, Executive Chairman from 1996-1999 and then Chairman up until August this year. Chairman, Paul Orchard-Lisle said: 'It is with great sadness that we announce the death of Sir Nigel. After forty-five years with the company and forty-two on the Board, Sir Nigel's death represents the end of an era. It would be hard to overstate his contribution to Slough Estates, and indeed to the wider business community and to public life. I shall miss his inspirational leadership, remarkable business acumen and exhilarating companionship. 'The leadership succession that he had so carefully planned, by bringing in Ian Coull as Chief Executive at the start of 2003, leaves Slough Estates in good shape and robustly positioned for the future. Sir Nigel leaves a strong business with first rate assets and Management and, as he would have wished, well primed for the next phase of its growth at a time when the property sector appears set for a period of rapid development.' Chief Executive, Ian Coull said: 'Sir Nigel's drive, energy and vision have been central to making Slough Estates what it is today. Personally I am much indebted to him for his wise counsel and shall also miss his unfailing sense of humour. Although we are all deeply saddened that this has happened, he would have been the first to insist that Slough Estates continues to innovate and adapt as it did through his positive leadership over the last five decades. Today our clear and focused objective is to be the prime provider of flexible business space in key markets, which play to the strengths Sir Nigel was instrumental in building up over many years.' Paul Orchard-Lisle became Chairman in August 2005 and the Board has asked him to continue in this role for the time being. A selection committee to look for a long term successor will shortly be appointed. Slough Estates is a leading provider of flexible business space in business parks in Western Europe and North America, with over 1500 customers occupying 2,996,967 square metres of business space, with a total value of £3.9 billion (as at 30th June, 2005). Slough Estates' properties are in suburban locations in close proximity to the main business centres, where there is long term demand for business accommodation to serve these key economic regions. The company's main activities are currently based around London, Brussels, Paris, Düsseldorf, San Francisco and San Diego and the company continues to develop new business parks with the long-term objective of building shareholder value and enhancing its reputation for quality buildings offering excellent value to customers. www.sloughestates.com For further information contact: Slough Estates Shared Value Limited Michael Waring, Investor Relations Andrew Best Tel: 01753 537 171 Tel: 020 7321 5022 Photograph available on request Notes to Editors Sir Nigel Mobbs - Biography Chairman of Slough Estates plc from 1976-2005 (Chief Executive 1976-1996) (he joined Slough Estates in 1960 and became a Director in 1963) Education Born in Birmingham in 1937. Educated at Marlborough College (1951-1955) and Christ Church, Oxford (1956-1959) where he read Engineering. Hon.Dsc. from City University, Hon.DUniv from University of Buckingham, Hon.LLD from University of Reading and Honorary Doctorate from Buckinghamshire Chilterns University College. Honours Knight Batchelor 1986 Knight of the Order of St. John 1997 Selection of Charitable and Honorary Appointments Lord-Lieutenant of Buckinghamshire 1997- High Sheriff of Buckinghamshire 1982-1983 Justice of Peace 1997- Chairman - Historic Royal Palaces 2003-2005 Member of Council of the Royal Veterinary College 1999- Commissioner of The Royal Hospital Chelsea 2000-2005 Governor of Stowe School Chairman of Stowe House Preservation Trust Past Master of Worshipful Company of Spectacle Makers Honorary Colonel No.1 Royal Buckinghamshire Yeomanry Chairman of Wembley Task Force 1999-2002 Chairman of Aims of Industry 1985-2001 Member of Council of University of Buckingham 1983 -1998 Chairman of Council of the University of Buckingham 1987 -1998 Member, Commonwealth War Graves Commission 1988 -1997 President of The Buckinghamshire Foundation Patron of BABC (Buckinghamshire Association of Boys Clubs) - Clubs for Young People Selection of Property and other Corporate Appointments Chairman of Bovis Homes 1997-2005 Chairman and Deputy Chairman of Kingfisher (1995-1996) (1982-1995) Director of Barclays Bank 1979-2003 Director of Cookson 1985-1993 Director of Howard de Walden Estates 1989-2005 Honorary Member of Royal Institution of Chartered Surveyors President of British Property Federation 1979-1981 Member of Committee on Corporate Governance (Hampel) Chairman of Charterhouse Group President of British Council for Offices 1990-1991 Chairman of Property Services Agency Advisory Board, Department of the Environment 1980-1986 Honorary Fellow, College of Estate Management Outside Interests Riding, Skiing, Travel, Golf Personal Married Pamela Jane, second daughter of 2nd Viscount Kemsley. One son and twin daughters.

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