Dividend Declaration

Standard Life Invs Property Inc Tst
09 November 2006


9 November 2006

Standard Life Investments Property Income Trust Limited
Re: Dividend Announcement

The Directors of Standard Life Investments Property Income Trust Limited ('the
Directors') have declared that an interim dividend be payable in respect of the
quarter ended 30 September 2006 as follows:-


Ex Date                 15 November 2006
Record Date             17 November 2006
Pay Date                30 November 2006
Dividend per Share      1.690p




All Enquiries:

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

Tel: [phone]
Fax: [phone]

END



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