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Select Income REIT Announces Filing Of Form S-11 For Proposed Common Share Offering

Select Income REIT (NYSE: SIR) today announced that it has filed a Form S-11 with the Securities and Exchange Commission, or SEC, in anticipation of a proposed public offering of 6,000,000 common shares of beneficial interest. The use of proceeds for the proposed public offering is to repay amounts outstanding under SIR’s revolving credit facility.

Morgan Stanley will be the lead bookrunning manager for the offering.

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

No public distribution of the preliminary prospectus, which is part of the registration statement referenced above, is being made at this time. However, copies of the preliminary prospectus may be obtained from the SEC at its website: www.sec.gov.

SIR is a real estate investment trust, which owns properties that are primarily net leased to single tenants. As of September 30, 2012, SIR owned 260 properties with a total of approximately 23.9 million rentable square feet located in 17 states, including 228 properties with approximately 17.7 million rentable square feet which are primarily leasable industrial and commercial land located on the island of Oahu, HI. SIR is headquartered in Newton, MA.

WARNING CONCERNING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE CONTAINS STATEMENTS THAT CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS. ALSO, WHENEVER SIR USES WORDS SUCH AS “BELIEVE”, “EXPECT”, “ANTICIPATE”, “INTEND”, “PLAN”, “ESTIMATE”, OR SIMILAR EXPRESSIONS, SIR IS MAKING FORWARD LOOKING STATEMENTS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON SIR’S PRESENT INTENT, BELIEFS OR EXPECTATIONS, BUT FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR. ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTAINED IN OR IMPLIED BY THESE FORWARD LOOKING STATEMENTS AS A RESULT OF VARIOUS FACTORS. FOR EXAMPLE:

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