Directors Dealing

To: Company Announcements

Date: 28 April 2015

Company: F&C UK Real Estate Investments Limited

Subject: Directors Dealing

Pursuant to Listing Rule DTR3.1, F&C UK Real Estate Investments Limited,
announces that the following beneficial holding of ordinary shares was acquired
by Mr David Ross, a Director of the Company, on 28 April 2015.

100,000 ordinary shares at 103.5p representing 0.043% of the Company's issued
share capital. The shares are registered in the name of Alliance Trust Savings.

Mr Ross is the beneficial holder of a total of 100,000 ordinary shares
representing 0.043% of the Company's issued share capital.

All enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Sharon A Williams
Tel: [phone]
Fax: [phone]