SCHRODER EUROPEAN REAL ESTATE INVESTMENT TRUST PLC - Notice Of Dividend Currency Exchange Rate (Sterling)

Notice Of Dividend Currency Exchange Rate (Sterling)

Schroder European Real Estate Investment Trust PLC
(Incorporated in England and Wales)
Registration number: 09382477
JSE Share Code: SCD
LSE Ticker: SERE
ISIN number: GB00BY7R8K77

29 December 2021

             NOTICE OF DIVIDEND CURRENCY EXCHANGE RATE (STERLING)

On 7 December 2021, Schroder European Real Estate Investment Trust plc (the
“Company”) announced its fourth interim dividend for the year ended
30 September 2021 of 1.85 euro cents per share and a special dividend of 4.75 euro
cents per share, resulting in a combined interim dividend of 6.6 euro cents per share.

Shareholders on the UK register will receive their dividends in sterling, unless an
election is completed and registered with the Company's registrars. The deadline for
the currency election in respect of the forthcoming interim dividend payment was
24 December 2021.

This announcement confirms that the currency exchange rate applicable for the interim
dividend for shareholders on the UK register who did not make a currency election
before the applicable deadline and who therefore will receive their dividend in sterling
is:


Declared dividend             Exchange rate                 Dividend to be paid for
                                                            those receiving dividends
                                                            in sterling


1.85 euro cents per share     0.84050                       1.55492 pence per share


4.75 euro cents per share     0.84050                       3.99238 pence per share


The dividend will be paid on 14 January 2022 to shareholders who were on the register
at the close of business on 24 December 2021.

Enquiries:

Jeff O’Dwyer
Schroder Real Estate Investment Management Limited           Tel: 020 7658 6000

Ria Vavakis
Schroder Investment Management Limited                       Tel: 020 7658 2371

Dido Laurimore                                               Tel: 020 3727 1000
FTI Consulting

The Company has a primary listing on the London Stock Exchange and a secondary
listing on the JSE Limited.

JSE Sponsor
PSG Capital

Date: 29-12-2021 03:00:00
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