New Tenant on Slough Trading

Slough Estates PLC
15 June 2006

15 June 2006

              £15m datacentre to be built at slough trading estate
      - IXEurope to locate largest London facility in the Trading Estate -

Slough Trading Estate today announced that IXEurope plc will locate its largest
London datacentre on the estate, representing an initial investment of around
£15 million. Prior to handing the building over to IX Europe the Slough Trading
Estate will itself invest over £6m on what is currently a vacant site.

One of Europe's largest and fastest growing datacentre outsourcers, IX Europe
has signed a 20 year lease and construction agreements with Slough Trading
Estate for a facility of almost 80,000 sq ft. Construction of a specially built
shell for the 'London4' IXDatacentre will begin this summer.

Stephen Bailey, Regional Director of Slough Trading Estate commented:

'We are delighted that IXEurope has chosen a location on the trading estate. Our
ability to meet all of the power supply requirements for this specialist use, in
addition to the broad package of benefits on offer to our customers, such as our
excellent transport links, award-winning security and IT and cable
infrastructure, ensure that Slough Trading Estate is a leading location for
business continuity.'

Russell Poole, UK General Manager of IXEurope added:

'The requirement to fund this expansion was a significant element in our
decision to float earlier this year. We have successfully placed major anchor
customers in each of the three new IXDatacentres we acquired elsewhere over the
past 12 months and given the current traction of our UK operation, we are
confident of a similar result when we open this London4 IXDatacentre in H1
2007'.

Willcocks Web represented Slough Trading Estate for the deal, whilst CB Richard
Ellis acted for IXEurope.
                                     -ENDS-

For further information please contact:

Slough Estates plc
Michael Waring, Director of Corporate Communications       Tel: [phone]

Maitland
Colin Browne/Peter Ogden                                   Tel: [phone]

IXEurope plc
Guy Willner, Chief Executive                               020 7689 1400
Karen Bach, Chief Financial Officer



Slough Estates International

Slough Estates is the leading European provider of flexible business space and
owns business parks in Europe and North America, with four million square metres
of business space and over 1600 customers (as at 31 December 2005). Slough
Estates' properties are in suburban locations in close proximity to the main
business centres, where there is long term demand for business accommodation to
serve these key economic regions. The company's main activities are currently
based around London, Brussels, Paris, Dusseldorf, Amsterdam, San Francisco and
San Diego and the company continues to develop new business parks with the long
term objective of building shareholder value and enhancing its reputation for
quality buildings offering excellent value to customers. For further
information, please visit the website: www.sloughestates.com

About Slough Trading Estate

Founded in 1920, Slough Trading Estate was the world's first trading estate and,
to this day, is the largest business centre of its kind in Europe under single
private ownership. The Estate covers 196 hectares and includes a total of around
700,000 sq. m of business space, occupied by over 400 companies and 20,000
people. The Estate provides a wide range of accommodation from 44 sq. m units
for small start-up companies, to space for major international companies.

Slough Heat & Power operates a power station on the Trading Estate providing
energy and heating to 450 companies from renewable sources, such as woodchips
and non-recyclable waste from its customers.

About IXEurope

IXEurope is one of Europe's fastest growing providers of datacentre services.
Its principal activities include primary datacentre services, connectivity
services and business continuity solutions.

IXEurope works with enterprise and internet customers to provide resilient
datacentre infrastructure to house their IT systems far more cost-effectively
than through in-house provision. The benefits include optimised IT performance,
improved systems availability and reduced corporate risk through improved
regulatory compliance.  By continually focusing on quality, IXEurope also gives
clients exceptional service levels and on-site access to a high level of
technical expertise.

With award winning datacentre facilities in key European cities, broad
technology expertise and a proven track record, IXEurope provides solutions that
give customers the confidence that their operations are protected.  The Company
has over 400 customers in the enterprise, internet and networking markets
including Merrill Lynch, Google, Network Rail and France Telecom.

Founded in 1998, IXEurope was listed on the London Stock Exchange in April 2006.

For more information please visit the website at www.ixeurope.com




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