Director/PDMR Shareholding

4 February 2016

PICTON PROPERTY INCOME LIMITED
(“Picton” or the “Company”)

Director/PDMR Shareholding

Pursuant to Listing Rule DTR3.1, Picton Property Income Limited announces that the following beneficial holding of ordinary shares was acquired by Mr Andrew Dewhirst on 4^th February 2016.

3,500 ordinary shares at 69.97p representing 0.00065% of the Company’s issued share capital.  The shares are registered under Barclays Stockbrokers.  Mr Dewhirst is the beneficial holder of a total of 20,000 ordinary shares representing 0.00370% of the Company’s issued share capital.

-ENDS-

For further information:

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

David Sauvarin
Tel:  [phone]
Fax: [phone]

Note to Editors

Picton Property Income Limited ('Picton') is an income focused, property investment company listed on the London Stock Exchange. Picton can invest both directly and indirectly in commercial property across the United Kingdom.

With Net Assets of £408.8 million at 31 December 2015, the Company's objective is to provide shareholders with an attractive level of income, together with the potential for capital growth by investing in the principal commercial property sectors.  www.picton.co.uk