Dividend Declaration

Date: 3 May 2011

Company: UK Commercial Property Trust Limited

Subject: Dividend Declaration

First Interim Dividend for 2011

UK Commercial Property Trust Limited today announces its first interim dividend payment, in respect of the financial period from 1 January 2011 to 31 March 2011, of 1.3125 pence per share as per the schedule below.

Ex-Dividend Date - 11 May 2011

Record Date - 13 May 2011

Pay Date - 31 May 2011

All Enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: 01481 745432

Fax: 01481 745085