Invesco Property Income Trust Limited                     

    HEADLINE:   Disposals of Property

    The Directors announce that contracts have been exchanged for the sale of all
    the group's remaining property assets to Kildare Partners. Following completion
    the Directors will implement plans for the orderly and solvent winding up of
    the Company and its subsidiaries. This will include proposals, subject to the
    approval of shareholders, for the cancellation of the Company's listing on the
    UKLA's Official List.

    The aggregate consideration was less than the amount outstanding to the lending
    banks and consequently all the consideration will be paid to the lending banks,
    less an amount retained to meet the expected winding up costs. Following the
    payment of costs for winding up the group there will be no return to
    shareholders.

    The Annual Financial Report for the year ended 31 March 2015 will be published
    in due course, together with a notice convening a general meeting at which
    resolutions will be proposed, inter alia, for the cancellation of the Company's
    listing.

    All enquiries

    Invesco Asset Management Ltd

    Angus Pottinger

    020 3753 0714

    Rory Morrison

    020 7543 3500

    19 June 2015