Third Interim Distribution

abrdn European Logistics Income plc

LEI: 213800I9IYIKKNRT3G50

DECLARATION OF THIRD INTERIM DISTRIBUTION

24 November 2022 - abrdn European Logistics Income plc (LSE: ASLI), the Company which invests in high quality European logistics properties, announces its third interim distribution for the quarter ended 30 September 2022.

The Directors have today declared a third interim distribution of 1.41 euro cents (equivalent to 1.20 pence) per Ordinary share, in respect of the year ending 31 December 2022 (2021: 1.41 euro cents). This third interim distribution will be paid in sterling on 30 December 2022 to Ordinary shareholders on the register on 2 December 2022 (ex-dividend date of 1 December 2022).

The Company intends to declare 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. Any such 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 third interim distribution declared of 1.20 pence per Ordinary share, 1.01 pence (equivalent to 1.19 euro cents) is declared as dividend income with 0.19 pence (equivalent to 0.22 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 euros. The form for applying for such election can be obtained from the Company's UK registrars (Equiniti Limited) and any such election must be received by the Company's registrars no later than 5:00 p.m. on 2 December 2022.

Details of the Company and its property portfolio may also be found on the Company's website which can be found at: 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

FTI Consulting                                                                    +44 (0) 20 3727 1000

Dido Laurimore

Richard Gotla

James McEwan