Issue of new shares

Date: 14 November 2014 Company: UK Commercial Property Trust Limited Subject: Issue of Equity The Company announces that it has made an application to the UK ListingAuthority and the London Stock Exchange ('LSE') for the listing of a further32,604,056 ordinary shares of 25p each ("Ordinary Shares").The Ordinary Shareswere allotted today pursuant to the authorities granted at the annual generalmeeting of the Company held on 17 June 2014.The Ordinary Shares rank pari passuwith the existing shares in issue. The Ordinary Shares have been allotted andissued at a price of 83.5p per share. It is expected that the new shares willbe admitted to listing and to trading on the LSE at 8.00 a.m. on 18 November2014. Following this issue, the total issued share capital of the Company will be1,299,412,465 and the total number of voting rights in the Company will be1,299,412,465. The above figures may be used by shareholders as the denominator for thecalculations by which they will determine if they are required to notify theirinterest in, or a change to their interest in, the Company under the FCA'sDisclosure and Transparency Rules. All Enquiries: Sharon WilliamsNorthern Trust International Fund Administration Services (Guernsey) LimitedTel: +44 (0) 1481 745436 Graeme McDonaldStandard Life InvestmentsTel: +44 (0) 131 245 3151 Edward Gibson WattOliver KenyonAngus WiltonJ.P. Morgan CazenoveTel: +44 (0) 207 742 4000