Facility Agreement Update

To: RNS From: F&C Commercial Property Trust Limited Date: 11 November 2014 FACILITY AGREEMENT UPDATE Further to the announcement on 7 November 2014 by the Board of F&C CommercialProperty Trust Limited (the "Company") that the Company had entered intoaconditional ten year term loan facility agreement with Legal & GeneralPensions Limited,the Boardnow confirms that the Company has today fixed theinterest rate that will be payable over the term of the loan at the all-in rateof 3.32per cent. per annum (including the yield on the relevant ten year UKGilt). It is the Company's intention that the debt will be drawn down on 31December 2014. For further information please contact: Richard Kirby, F&C Investment Business LimitedTel: 020 7499 2244 Graeme Caton, Winterflood Securities LimitedTel: 020 3100 0268