Declaration of Fourth Interim Distribution

abrdn European Logistics Income plc

LEI: 213800I9IYIKKNRT3G50

DECLARATION OF FOURTH INTERIM DISTRIBUTION

17 February 2023 - abrdn European Logistics Income plc (LSE: ASLI), the Company which invests in a diversified portfolio of European logistics properties, announces its fourth interim distribution for the quarter ended 31 December 2022.

The Directors have today declared a fourth interim distribution of 1.41 euro cents (equivalent to 1.20 pence) per Ordinary share, in respect of the year ended 31 December 2022 (2021: 1.41 euro cents). This fourth interim distribution will be paid in sterling on 24 March 2023 to Ordinary shareholders on the register on 3 March 2023 (ex-dividend date of 2 March 2023).

The Company declares quarterly interim distributions in respect of the quarters ending: 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 fourth interim distribution declared of 1.20 pence per Ordinary share, 1.00 pence (equivalent to 1.18 euro cents) is declared as dividend income with 0.20 pence (equivalent to 0.23 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 3 March 2023.

Details of the Company and its property portfolio may 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