Holding(s) in Company

For filings with the FCA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         


1. Identity of the issuer or the underlying issuer                   F&C UK Real Estate 
of existing shares to which voting rights are                         Investments Ltd   
attached:ii                                                                             
                                                                                        
2. Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            x
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in theacquisition of shares already issued to which voting rights are attached          
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                               Schroders plc    
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if differentfrom 3.):iv                                                               
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                        25.11.14       
reached:v                                                                               
                                                                                        
6. Date on which issuer notified:                                        26.11.14       
                                                                                        
7. Threshold(s) that is/are crossed or                                   Above 5%       
reached:vi, vii                                                                         
                                                                                        


8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to sharesviii, ix                                             
                                                                                        
Class/type of    Situation previous  Resulting situation after the triggering           
shares           to the triggering   transaction                                        
                 transaction                                                            
                                                                                        
if possible      Number    Number    Number     Number of voting     % of  voting       
using            of        of        of shares  rights               rightsx            
the ISIN CODE    Shares    Voting                                                       
                           Rights    Direct     Directxi Indirectxii Direct   Indirect  
                                                                                        
    Ordinary                                                                            
                                                                                        
  GB00B012T521   Below 5%  Below 5%  12,210,178   N/A    12,210,178    N/A      5.289%  
                                                                                        
                                                                                        
                                                                                        


B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of financial  Expiration  Exercise/             Number of voting       % of voting 
instrument         datexiii    Conversion Periodxiv  rights that may be     rights      
                                                     acquired if the                    
                                                     instrument is                      
                                                     exercised/ converted.              
                                                                                        
                                                                                        
                                                                                        

 

C: Financial Instruments with similar economic effect to Qualifying Financial           
Instrumentsxv, xvi                                                                      
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of    Exercise Expiration  Exercise/     Number of voting rights    % of voting    
financial  price    datexvii    Conversion    instrument refers to       rightsxix, xx  
instrument                      periodxviii                                             
                                                                                        
                                                                                        
                                                                         Nominal   Delta
                                                                                        
                                                                                        
                                                                                        

Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                   Percentage of voting rights                    
                                                                                        
     12,210,178                                    5.289%                     
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:xxi                           
                                                                                        
Schroder Investment Management Limited                   12,158,598      5.267%    
                                                                                        
Schroder & Co. Limited                                       51,580      0.022%                                                                                                                                                              
                                                                                        

Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease to hold:        
                                                                                        
12. Date on which proxy holder will cease to hold voting rights:                                                                          
              The shares referred to in section 9 are held in portfolios managed by     
13.           those firms on a discretionary basis for clients under investment         
Additional    management agreements. This disclosure has been calculated based on issue 
information:  share capital amount 230,855,539                                          
                                                                                        
14. Contact Name:                        Shaheen Hussain                          
                                                                                        
15. Contact Telephone Number:            [phone]