Director/PDMR Shareholding

SEGRO plc (`the Company')

On 30 June 2008 the independent trustee of the SEGRO plc Employee Benefit Trust
(`the Trust') made an award under the SEGRO plc 2008 Long Term Incentive Plan
to Ian Sutcliffe of 243,964 ordinary shares.

Of the total award 170,775 shares will be subject to performance conditions
measured over a three year period. The remaining 73,189 shares will not be
subject to any performance conditions. The decision to grant a proportion of
this LTIP Award without a performance condition was part of the recruitment
terms agreed with Mr Sutcliffe for his appointment as a Director of the
Company.

This announcement supersedes the announcement made by the Company on 3 July
2008.

30 July 2008