Results of General Meeting

STANDARD LIFE INVESTMENTS PROPERTY INCOME TRUST LIMITED

To:     RNS

From:   Standard Life Investments Property Income Trust Limited

Date:   20 November 2014


RESULTS OF GENERAL MEETING

Standard Life Investments Property Income Trust Limited (the "Company") is
pleased to announced that at an extraordinary general meeting of the Company
held earlier today the resolution to make the necessary amendments to the
Company's articles of incorporation in connection with the proposals for the
Company to become tax resident in the UK for the purposes of entering into the
UK REIT regime, as set out in the Circular to shareholders dated 29 October
2014, was duly approved by shareholders. The Company expects to enter the UK
REIT regime with effect from 1 January 2015.

Details of the proxy votes lodged before the meeting, which should be read
alongside the Notice contained in the Circular sent to shareholders on 29
October 2014, are noted below and will be available shortly at
www.standardlifeinvestments.com/its:

                      For                 Against             Abstain            
                                                                               
Special Resolution    71,650,506          65,250              9,394              

A copy of the 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.

For further information please contact:

Standard Life Investments
Gordon Humphries, Investment Director

Tel: [phone]

Northern Trust International Fund Administration Services (Guernsey) Limited
The Company Secretary
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel: [phone]
Fax: [phone]