Result of Annual General Meeting

F&C COMMERCIAL PROPERTY TRUST LIMITED                     

  (a closed-ended collective investment scheme established as a company with   
  limited liability under the laws of Guernsey with registered number 50402)   

                       Result of Annual General Meeting                        

                                  28 May 2015                                  

At the Annual General Meeting of the Company held on 28 May 2015, all ordinary
resolutions set out in the Annual General Meeting Notice sent to Shareholders
dated 9       April 2015 were duly passed.

At the same Annual General Meeting noted above, the following Special
Resolutions were also passed;

  * Special Resolution 13 was passed being that the Directors of the Company be
    and they are hereby generally empowered, to allot ordinary shares in the
    Company or grant rights to subscribe for, or to convert securities into,
    ordinary shares in the Company (''equity securities'') for cash, including
    by way of a sale of ordinary shares held by the Company as treasury shares,
    as if any pre-emption rights in relation to the issue of shares as set out
    in the listing rules made by the Financial Conduct Authority under part VI
    of the Financial Services and Markets Act 2000 (as amended) did not apply
    to any such allotment of equity securities, provided that this power:
   
    a) expires at the conclusion of the next Annual General Meeting of the
    Company after the passing of this resolution or on the expiry of 15 months
    from the passing of this resolution, whichever is the earlier, save that
    the Company may, before such expiry, make an offer or agreement which would
    or might require equity securities to be allotted after such expiry and the
    Directors may allot equity securities in pursuance of any such offer or
    agreement as if the power conferred hereby had not expired; and
   
    b) shall be limited to the allotment of equity securities up to an
    aggregate nominal value of £799,366 being approximately 10 per cent of the
    nominal value of the issued share capital of the Company, as at 9 April
    2015
     
  * Special Resolution 14 was passed; that the Company be authorised, in
    accordance with Section 315 of The Companies (Guernsey) Law, 2008, to make
    market acquisitions (within the meaning of Section 316(1) of The Companies
    (Guernsey) Law, 2008) of ordinary shares of 1p each (''Ordinary Shares'')
    (either for retention as treasury shares for future resale or transfer, or
    cancellation), provided that:
   
    a) the maximum number of Ordinary Shares hereby authorised to be purchased
    shall be 14.99 per cent of the issued Ordinary Shares on the date on which
    this resolution is passed;
   
    b) the minimum price which may be paid for an Ordinary Share shall be 1p;
   
    c) the maximum price (exclusive of expenses) which may be paid for an
    Ordinary Share shall be the higher of (i) 105 per cent of the average of
    the middle market quotations (as derived from the Daily Of?cial List) for
    the Ordinary Shares for the ?ve business days immediately preceding the
    date of purchase; and (ii) the higher of the last independent trade and the
    highest current independent bid on the trading venue which the purchase is
    carried out; and
   
    d) unless previously varied, revoked or renewed, the authority hereby
    conferred shall expire at the conclusion of the Annual General Meeting of
    the Company to be held in 2016, or on 28 November 2016, whichever is the
    earlier, save that the Company may, prior to such expiry, enter into a
    contract to purchase Ordinary Shares under such authority and may make a
    purchase of Ordinary Shares pursuant to any such contract.
   
    In accordance with Listing Rule 9.6.2 the special resolutions passed at the
    Annual General Meeting has been submitted to the National Storage Mechanism
    and will shortly be available for inspection at http://
    www.morningstar.co.uk/uk/NSM
   
    A copy of the proxy voting for each resolution is available of the
    Company's website, www.fccpt.co.uk.
   
    All Enquiries:
   
    The Company Secretary
   
    Northern Trust International Fund Administration Services (Guernsey)
    Limited
    Trafalgar Court
    Les Banques
    St Peter Port
    Guernsey
    GY1 3QL
    Tel:       [phone]

END