Second Interim Distribution

abrdn European Logistics Income plc

LEI: 213800I9IYIKKNRT3G50

DECLARATION OF SECOND INTERIM DISTRIBUTION

22 August 2022 - abrdn European Logistics Income plc (LSE: ASLI), the Company which invests in high quality European logistics real estate, announces its second interim distribution for the year ending 31 December 2022.

The Directors have declared a second interim distribution of 1.41 euro cents (equivalent to 1.20 pence) per Ordinary share, in respect of the year ending 31 December 2022. This second interim dividend will be paid in sterling on 23 September 2022 to Ordinary shareholders on the register on 2 September 2022 (ex-dividend date of 1 September 2022).

The Company declares quarterly interim distributions to Shareholders in respect of the quarters ending on the following dates: 31 March, 30 June, 30 September and 31 December in each year. A distribution payment to Shareholders may take the form of either dividend income or "qualifying interest income" which may be designated as an interest distribution for UK tax purposes and therefore subject to the interest streaming regime applicable to investments trusts.

Of this second interim distribution declared of 1.20 pence per Ordinary share, 0.95 pence (equivalent to 1.11 euro cents) is declared as dividend income with 0.25 pence (equivalent to 0.30 euro cents) treated as qualifying interest income.

The interim distribution will be paid in sterling to Shareholders on the register. However, Shareholders are able to make an election to receive distributions in euro. The form for applying for such election can be obtained from the Company's UK registrar (Equiniti - tel: 0371-384-2030) with any such election requiring to be received by the Company's registrar no later than 5:00 p.m. on 2 September 2022. CREST Participants can only make an election to receive payment in euro via the CREST platform and should follow normal CREST election processes. Any forms received for a CREST Participant will not be processed.

Details of the Company and its property portfolio may be found on the Company's website at: http://www.eurologisticsincome.co.uk

For further information please contact:

abrdn Fund Managers Limited                               +44 (0) 20 7463 6000

Luke Mason

Gary Jones

Investec Bank plc                                                       +44 (0) 20 7597 4000

David Yovichic

Denis Flanagan