Alteration to 2021 Interim Dividend

Watkin Jones plc

('Watkin Jones' or the 'Group')

Alteration to 2021 Interim Dividend Ex-Dividend and Record Dates

As announced in the Half Year results on 18 May 2021, Watkin Jones has declared an interim dividend of 2.6 pence per ordinary share, payable on 30 June 2021.

In alteration to the original announcement, the dividend will be paid to shareholders on the register at the close of business on 11 June 2021, rather than 9 June 2021 as previously advised.

The shares will trade ex-dividend from 10 June 2021.

All other details remain unchanged.

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Notes to Editors

Watkin Jones is the UK's leading developer and manager of residential for rent, with a focus on the build to rent and student accommodation sectors.  The Group has strong relationships with institutional investors, and a reputation for successful, on-time-delivery of high quality developments.  Since 1999, Watkin Jones has delivered 43,000 student beds across 130 sites, making it a key player and leader in the UK purpose-built student accommodation market.  In addition, Fresh, the Group's specialist accommodation management business, manages over 20,000 student beds and build to rent apartments on behalf of its institutional clients.  Watkin Jones has also been responsible for over 80 residential developments, ranging from starter homes to executive housing and apartments.  The Group is increasingly expanding its operations into the build to rent sector.

The Group's competitive advantage lies in its experienced management team and business model, which enables it to offer an end-to-end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.

Watkin Jones was admitted to trading on AIM in March 2016 with the ticker WJG.L.  For additional information please visit www.watkinjonesplc.com