Regional REIT : Bond Roadshow Announcement

19 June 2018

The information contained herein may only be released, published or distributed in the United Kingdom, the Isle of Man, Jersey and the Bailiwick of Guernsey in accordance with applicable regulatory requirements. The information contained herein is not for release, publication or distribution in or into the United States, Australia, Canada, Japan, South Africa, the Republic of Ireland or in any other jurisdiction where it is unlawful to distribute this document.This announcement is released by Regional REIT Limited and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR). For the purposes of MAR and Article 2 of the Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Emma Lamb, for and on behalf of Link Company Matters Limited, Company Secretary to Regional REIT Limited.

MiFID II retail investors, professional investors and ECPs target market - Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients (all distribution channels) and also retail clients (all distribution channels).

Regional REIT Limited - Roadshow Announcement

Regional REIT Limited, the UK regional office and industrial property focused REIT, announces that it has mandated Peel Hunt to arrange a series of meetings with fixed income investors in the UK and Channel Islands, commencing 25 June 2018, to discuss a possible issue of sterling denominated bonds.

An offer of bonds may follow, subject to market conditions, and an announcement will be made in due course, if appropriate.

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For further information, please contact:

Regional REIT Limited

Regional REIT Limited

Press enquiries through Headland

Peel Hunt

Henrietta Podd: +44 (0)20 3770 2604

Sanjeeb Seal: +44 (0)20 3597 8654

Headland

Francesca Tuckett, Bryony Sym, Jack Gault +44 (0) 20 3805 4222

About Regional REIT

About Regional REIT Regional REIT Limited (LSE: RGL) is a London Stock Exchange Main Market traded specialist real estate investment trust focused on office and industrial property interests in the principal regional locations of the United Kingdom outside of the M25 motorway.

Regional REIT is managed by London & Scottish Investments, the Asset Manager, and Toscafund Asset Management, the Investment Manager, and was formed by the combination of two existing funds previously created by the Managers as a differentiated play on the expected recovery in UK regional property, to deliver an attractive total return to Shareholders and with a strong focus on income.

The Group's investment portfolio, as at 31 December 2017, was spread across 164 regional properties, 1,368 units and 1,026 tenants. As at 31 December 2017, the investment portfolio had a value of £737.3m and a net initial yield of 6.5%. The weighted average unexpired lease term to first break was 3.5 years.

The Company's shares were admitted to the Official List of the UK's Financial Conduct Authority and to trading on the London Stock Exchange on 6 November 2015. For more information, please visit the Group's website at www.regionalreit.com

IMPORTANT INFORMATION

The distribution of this announcement and other information in connection with any offer in certain jurisdictions may be restricted by law and persons who come into possession of this announcement or any document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any jurisdiction.

This announcement does not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase any securities. Any securities referred to herein will not be registered under the U.S. Securities Act of 1933, as amended, (the 'Securities Act'). Subject to certain exceptions, such securities may not be offered, sold or delivered within the United States or to, or for the account or benefit of U.S. persons.

Any securities referred to herein are expected to be offered and sold outside of the United States in reliance on Regulation S of the Securities Act. There will be no public offering in the United States.

This announcement does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of Directive 2003/71/EC (as amended, the 'Prospectus Directive'). Any offer and sale of any securities will be made in compliance with the requirements of the Prospectus Directive.

This announcement is directed only at persons who (i) are outside the United Kingdom or (ii) have professional experience in matters relating to investments or (iii) are persons falling within Article 49 (2)(a) to (d) of The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order') or (iv) any other persons to whom this announcement may lawfully be communicated pursuant to the Order (all such persons together being referred to as 'relevant persons'). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons.

ESMA Legal Entity Identifier ('LEI'):(549300D8G4NKLRIKBX73)