Holding(s) in Company

TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of Picton Propertyexisting shares to which voting rights are attached: Income Limited 2. Reason for notification (yes/no) Yes An acquisition or disposal of voting rights No An acquisition or disposal of financial instruments which may result inthe acquisition of shares already issued to which voting rights areattached No An acquisition or disposal of instruments with similar economic effectto qualifying financial instruments No An event changing the breakdown of voting rights No Other (please specify):___________________________ 3. Full name of person(s) subject to notification Ameriprise Financial,obligation: Inc. and its group 4. Full name of shareholder(s) (if different from 3): See additional information under 13. 5. Date of transaction and date on which the threshold 05 November 2014is crossed or reached: 6. Date on which issuer notified: 07 November 2014 7. Threshold(s) that is/are crossed or reached: Above the threshold of 5% 8: Notified Details A: Voting rights attached to shares Class/type of shares Situation previous to the Resulting situation after the triggering transaction triggering transactionIf possible use ISIN Number of Number of Number Number of Percentage of code shares voting of voting rights voting rights rights shares Direct Direct Indirect Direct Indirect GB00B0LCW208 N/A N/A 0 0 24,022,322 0.000% 5.470% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Expiration Exercise/ No. of voting rights that may be Percentagefinancial date conversion acquired if the instrument is of votinginstrument period exercised/converted. rights C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise Expiration Exercise / No. of voting Percentage offinancial Price date conversion rights instrument voting rightsinstrument period refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 24,022,322 5.470% 9. Chain of controlled undertakings through which the voting rights and /or thefinancial instruments are effectively held, if applicable: Ameriprise Financial, Inc., which through intermediate holding companiescontrols the voting rights of Columbia Management Investment Advisers, ColumbiaWanger Asset Management, Threadneedle Management Luxembourg S.A. andThreadneedle Asset Management Holdings Ltd, which itself controls the votingrights of Threadneedle Asset Management Ltd, Threadneedle International Ltd andThreadneedle Pensions Ltd. Proxy Voting: 10. Name of proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Registered OwnerAdditionalinformation: HSBC Global Custody Nominee (UK) Limited A/c 659167 1,958,671 HSBC Global Custody Nominee (UK) Limited A/c 671301 604,937 HSBC Global Custody Nominee (UK) Limited A/c 671314 8,242,942 HSBC Global Custody Nominee (UK) Limited A/c 671325 6,071,426 HSBC Global Custody Nominee (UK) Limited A/c 671337 3,235,058 HSBC Global Custody Nominee (UK) Limited A/c 671349 2,021,821 HSBC Global Custody Nominee (UK) Limited A/c 708312 1,881,123 Littledown Nominees Ltd A/c 10479 6,344 14 Contact Mark Powney, Threadneedle Groupname: 15. Contact 01793 363135telephonename: