Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

F&C Commercial Property Trust Limited

2. Reason for the notification  (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights 

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):____

Transfer of voting rights back to client; decrease in issued share capital

X

3. Full name of person(s) subject to the notification obligation:

F&C Asset Management plc

4. Full name of shareholder(s) (if different from 3.):

See box 9 below

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

05/12/2008

6. Date on which issuer notified:

05/12/2008

7. Threshold(s) that is/are crossed or reached:

50,49,48,47,46,45,44,43,42,41,40,39,38%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares 

 if possible using the ISIN CODE

Situation previous to the Triggering transaction 

Resulting situation after the triggering transaction

Number of Shares 

Number of Voting Rights viii

Number of shares 

Number of voting rights ix

% of voting rights

Direct

Direct x

Indirect xi

Direct

Indirect

GB00B05KL904ORD90p

353,260,144

353,260,144

264,107,944

264,107,944

37.41

B: Financial Instruments

Resulting situation after the triggering transaction xii

Type of financial instrument 

Expiration date xiii

Exercise/ Conversion Period/ Date xiv 

Number of voting rights that may be acquired if the instrument is exercised/ converted. 

% of voting rights

Total (A+B)

Number of voting rights

% of voting rights

264,107,944

37.41

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv:

F&C Asset Management plc

Client No. of voting rights % of total voting rights Registration name

Proxy Voting:

10. Name of the proxy holder:

F&C Asset Management plc

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Mike Bassi, F&C Asset Management plc

15. Contact telephone number:

0131 718 1093