Director/PDMR Shareholding

SEGRO plc (the Company)

Director/PDMR Shareholding

Following a recommendation made by the Company, the Trustee of the SEGRO plc
Employees' Benefit Trust notified the Company on 1 May 2012, that it had
resolved to grant the following Awards under the SEGRO plc 2008 Long Term
Incentive Plan (LTIP) to the following Directors/PDMRs of the Company:


                         Number of 2012 LTIP         Number of 2012 LTIP                
                         Transitionary Award Shares  Award Shares              
                         (three-year performance     (four-year performance    
                         period)                     period)                   
                                                                               
Director                                                                        


David Sleath             352,781                     352,781                  
Justin Read              230,664                     230,664        
                                                                               
PDMR                                                                         
Elizabeth Blease         48,526                      48,526                              
Andy Gulliford           161,465                     161,465                                  
Phil Redding             151,967                     151,967                                 
Liz Reilly               83,107                      83,107                    


Notes:
(a) Following approval by shareholders for the proposed changes to the LTIP at
the Company's AGM on 26 April 2012, the performance period for the LTIP for the
2012 and subsequent Awards has been increased from three to four years. The
lengthening of the LTIP performance period from three to four years would
ordinarily result in there being no potential LTIP vesting in 2015. To avoid
this two Awards have been made, the 2012 LTIP Award and the LTIP Transitionary
Award, each based on the normal LTIP grant size reduced by 25 per cent. The
LTIP Transitionary Award will vest on the basis of three-year performance and
the 2012 LTIP Award will vest on the basis of four-year performance. Further
details are available in the Company's 2011 Annual Report and Accounts.

(b) The Awards shown above have been structured as nil-cost options and
represent the maximum potential Award possible if all the performance criteria
are met at the end of the three- and four-year performance periods. Awards vest
at the discretion of the Trustee.

(c) The calculation of the Awards was based on a share price of £2.21, which
was the Company's closing mid-market share price on 30 April 2012. No
consideration was paid for the grant of these Awards.



Robin Healy
Deputy Company Secretary
020 7451 9082