Select Income REIT Announces Proposed Public Offering of 8,000,000 Common Shares

  Select Income REIT Announces Proposed Public Offering of 8,000,000 Common
  Shares

Business Wire

NEWTON, Mass. -- June 26, 2013

Select Income REIT (NYSE: SIR) today announced that it commenced a public
offering of 8,000,000 common shares. SIR expects to use the net proceeds from
this offering to repay amounts outstanding under its revolving credit facility
and for general business purposes including property acquisitions. It is
contemplated that the underwriters will also be granted a 30-day option to
purchase up to an additional 1,200,000 common shares.

BofA Merrill Lynch, Citigroup, Morgan Stanley, UBS Investment Bank, Wells
Fargo Securities and RBC Capital Markets are the joint book running managers
for the offering.

This press release is neither an offer to sell nor a solicitation of an offer
to buy SIR common shares, nor shall there be any sale of these securities in
any state or jurisdiction in which the offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
such state or jurisdiction. The preliminary prospectus supplement relating to
this offering and related prospectus are expected to be filed with the
Securities and Exchange Commission (SEC) and copies can be obtained by
contacting the offices of: BofA Merrill Lynch, 222 Broadway, New York, New
York, 10038; Attention: Prospectus Department, by email at
dg.prospectus_requests@baml.com; or Citigroup, c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (800)
831-9146; or Morgan Stanley & Co. LLC, Attention: Prospectus Department,180
Varick Street, 2^nd floor, New York, New York, 10014; Attention: Prospectus
Department, by email at prospectus@morganstanley.com; or UBS Investment Bank,
Attn: Prospectus Department, 299 Park Avenue, New York, NY 10171, telephone:
(888) 827-7275; or Wells Fargo Securities, Attention: Equity Syndicate
Department, 375 Park Avenue, New York, New York, 10152, by email at
cmclientsupport@wellsfargo.com or RBC Capital Markets, Attention: Prospectus
Department, Three World Financial Center, 200 Vesey Street, 8th floor, New
York, New York 10281-8098, telephone: 877-822-4089.

                WARNING CONCERNING FORWARD LOOKING STATEMENTS

THIS PRESS RELEASE CONTAINS FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES
LAWS. THESE FORWARD LOOKING STATEMENTS ARE BASED UPON SIR’S PRESENT BELIEFS
AND EXPECTATIONS, BUT THESE STATEMENTS ARE NOT GUARANTEED. FOR EXAMPLE,
ALTHOUGH THIS PRESS RELEASE REFERS TO AN OFFERING OF 8,000,000 COMMON SHARES,
GREATER OR FEWER THAN 8,000,000 COMMON SHARES MAY BE SOLD, OR THIS OFFERING
MAY BE WITHDRAWN. INVESTORS SHOULD NOT PLACE UNDUE RELIANCE UPON ANY FORWARD
LOOKING STATEMENT.

A Maryland Real Estate Investment Trust with transferable shares of beneficial
               interest listed on the New York Stock Exchange.
    No shareholder, Trustee or officer is personally liable for any act or
                           obligation of the Trust.

Contact:

Select Income REIT
Timothy A. Bonang, 617-796-8320
Vice President, Investor Relations
or
Carlynn Finn, 617-796-8320
Senior Manager, Investor Relations