VALUE AND INDEXED PROPERTY INCOME TRUST PLC (VIP or the Company) 

LEI: 213800CU1PIC7GAER820

Change of AIFM

The Board announces that with effect from 8 September 2024, the Company is changing its Alternative Investment Fund Manager (AIFM) from its wholly owned subsidiary, Value and Indexed Property Income Services Limited, to OLIM Property Limited (OLIM Property). There will be no change to the portfolio management or fee arrangements.

OLIM Property is the Company's current delegated Investment Manager. OLIM Property is authorised and regulated by the Financial Conduct Authority with its registered office at 15 Queen Anne's Gate, London SW1H 9BU.

For further information please contact:

Value and Indexed Property Income Trust PLC - Mandy Kelly, Maven Capital Partners UK LLP, Company Secretary - Tel: +44 (0) 141 306 7400

OLIM Property Limited - Julian Daly, Finance Director - Tel: +44 (0) 20 7846 3252

Mandy Kelly

for Maven Capital Partners UK LLP

Company Secretary

9 September 2024