FTSE All-Share Inclusion

(Formerly Stenprop Limited)
(Registered in Guernsey with registration number 64865)
LSE share code: MLI  JSE share code: MLI
("Industrials REIT" or the "Company")

12 September 2022


Industrials REIT, the UK multi-let industrial (“MLI”) property company, is pleased to announce that
FTSE Russell has confirmed that the Company will be added as a constituent of the FTSE All-Share
Index, effective from the start of trading on 19 September 2022, having satisfied the eligibility criteria
during the Index's recent Quarterly Review.

Paul Arenson, CEO of Industrials REIT, commented: “This significant milestone is testament to a huge
amount of hard work by our team. It is also an endorsement of the ongoing strong fundamentals of
the UK MLI sector. Our focus going forward is on delivering on the next phase of our strategy.”

This announcement is voluntary and for information purposes only.

For further information:
Industrials REIT Limited                                                       44(0)20 3918 6600
Paul Arenson (paul.arenson@industrials.co.uk)
Julian Carey (julian.carey@industrials.co.uk)
James Beaumont (james.beaumont@industrials.co.uk)

Numis Securities Limited (Financial Adviser)                                   44(0)20 7260 1000
Hugh Jonathan
Vicki Paine

FTI Consulting (PR Adviser)                                                    44(0)20 3727 1000
Richard Sunderland
Richard Gotla
Neel Bose

Java Capital                                                                   27 (0)11 722 3050
(JSE Sponsor)

About Industrials REIT:
Industrials REIT is a UK REIT with a primary listing on the London Stock Exchange and a secondary
listing on the Johannesburg Stock Exchange. The objective of the Company is to deliver a combination
of sustainable growing income and growth in value to its investors. Industrials REIT focuses on owning
and operating a diversified portfolio of UK purpose built multi-let industrial (MLI) estates across the
UK. The Company aspires to be the leading MLI business in the UK. For further information, go to

Date: 12-09-2022 08:00:00
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