No Change of Name

24 October 2011

ALPHA TIGER PROPERTY TRUST LIMITED ("ALPHA TIGER")

Further to the announcement on 18 October 2011, and for the avoidance of doubt, Alpha Tiger wishes to clarify that the only proposed name change is that of Aberdeen UK Active Property Fund Plc which has stated that it will (subject to the consent of the Irish Registrar of Companies) change its name to Alpha UK Real Estate Fund Plc.

For further information please contact:

Alpha Tiger Property Trust Limited

David Jeffreys, Chairman, Alpha Tiger +44 (0) 1481 735 540

Brad Bauman, Joint Fund Manager, Alpha Tiger +44 (0) 20 7268 0300

Panmure Gordon, Nominated Adviser & Broker to the Company

Richard Gray/Andrew Potts/Abhishek Majumdar +44 (0) 20 7459 3600

Further information is available at www.alphatigerpropertytrust.com