Presented by: John Fulton, Non-Executive Chairman Marie Bray, Finance Director 13 August 2014

LSE: MTVW Mountview Estates P.L.C. 2 Mountview Estates – Year ended 31 March 2014 Overview Financial highlights Strong market outperformance The Regulated Tenancy Market Portfolio – geography Portfolio – tenancy type Acquisitions and disposals Financing structure Outlook and objectives

LSE: MTVW Mountview Estates P.L.C. 3 Overview Increased pre-tax profits by over 22% to £35.4m £23.9m of new investment in the year in our core business EPS increase of 28.4% Dividend increased by 14.3% to 200p per share, whilst maintaining cover at over 3x Joined FTSE All-Share Index in June 2014 Valuation of trading stock in progress New non-executive director appointed Source: Mountview Estates P.L.C.'s Annual Report and Accounts 2014

LSE: MTVW Mountview Estates P.L.C. 4 Financial highlights £m pence £m *Excluding investment properties revaluation Strong earnings performance Substantial dividend increase Dividend cover maintained at over 3x Source: Mountview Estates P.L.C.'s Annual Report and Accounts 2014

LSE: MTVW Mountview Estates P.L.C. 5 Strong market outperformance Source: S&P Capital IQ Mountview Estates P.L.C. (LSE:MTVW) - Share Price

LSE: MTVW Mountview Estates P.L.C. 6 The Regulated Tenancy Market Finite amount of stock with an estimated year life Consolidating ownership – several more years of buying potential with Mountview as a major player Purchase price to VP price, percentage will narrow Existing portfolio returns should accelerate Source: SPARK Advisory Partners Limited

LSE: MTVW Mountview Estates P.L.C. 7 Portfolio – geography Mountview property portfolio by geographical location* *% by value Source: Mountview Estates P.L.C.'s Annual Report and Accounts 2014

LSE: MTVW Mountview Estates P.L.C. 8 Portfolio – tenancy type Group trading portfolio as at 31 March 2014 Current business model: buy tenanted properties at a discount to notional vacant possession value then dispose of them at a premium when vacant No. of Units Cost £m Regulated, Assured Shorthold tenancies & other2, Assured Tenancies Ground Rents1, Life Tenancies Source: Mountview Estates P.L.C.'s Annual Report and Accounts 2014

LSE: MTVW Mountview Estates P.L.C. 9 Acquisitions and disposals Acquisitions in the year ended 31 March 2014 Disposals 179 trading properties for £48.36m 3 investment properties for £2.37m No. of units acquired Cost £m Regulated tenancies Life tenancies10.16 Ground rents (or created) Assured tenancies (or created)50.73 Source: Mountview Estates P.L.C.'s Annual Report and Accounts 2014

LSE: MTVW Mountview Estates P.L.C. 10 Financing structure Total banking facilities of £120m £105m renewed with maturities of Gearing maintained at 22% Interest cover 16x Continue to remain a well financed business Source: Mountview Estates P.L.C.'s Annual Report and Accounts 2014

LSE: MTVW Mountview Estates P.L.C. 11 Outlook and objectives Valuation of trading portfolio to be announced with interims Succession planning for new CEO making significant progress Continuing acquisitions for trading portfolio with the Company well- positioned to acquire more complex portfolios. Confident about future prospects

LSE: MTVW Mountview Estates P.L.C. 12 Disclaimer This presentation contains certain forward-looking statements. Any statement in this presentation that is not a statement of historical fact including, without limitation, those regarding Mountview Estates P.L.C.’s future financial condition, business, operations, financial performance and other future expectations, is a forward- looking statement. By their nature, forward-looking statements involve risk and uncertainty as they relate to events which occur in the future. Actual outcomes or results may differ materially from the outcomes or results expressed or implied by these forward-looking statements. Factors which may give rise to such differences include (but are not limited to) changing economic, financial, business, regulatory, legal or other market conditions. These and other factors could adversely affect the outcome and financial effects of the events specified in this presentation. The forward-looking statements reflect knowledge and information available at the date they are made and Mountview Estates P.L.C. does not intend to update the forward-looking statements contained in this presentation. This presentation is for information purposes only and no reliance may be placed upon it. No representation of warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained in this presentation. Past performance of securities in Mountview Estates P.L.C. cannot be relied upon as a guide to the future performance of such securities. This presentation does not constitute an offer for sale or subscription of, or solicitation of any offer to buy or subscribe for any securities in Mountview Estates P.L.C.

13 August 2014