Results of EGM

F&C UK REAL ESTATE INVESTMENTS LIMITED
To: RNS
From: F&C UK Real Estate Investments Limited

Date: 19 December 2014

RESULTS OF EXTRAORDINARY GENERAL MEETING

F&C UK Real Estate Investments Limited (the "Company") is pleased to announce
that all resolutions proposed at an extraordinary general meeting of the
Company held earlier today were duly approved by shareholders. As set out in
the circular to shareholders date 25 November 2014 the resolution were to make
the necessary amendments to the Company's articles of incorporation in
connection with the proposals for the Company to become tax resident in the UK
for the purposes of entering into the UK REIT regime and a related party
transaction in relation to Friends Life Limited's substantial shareholding in
the Company under the REIT regime. The Company expects to enter the UK REIT
regime with effect from 1 January 2015.

Details of the proxy votes lodged before the meeting, which should be read
alongside the Notice contained in the circular sent to shareholders on 25
November 2014, are noted below and will be available shortly at www.fcre.co.uk:

VOTED

                    For                Against            Abstain           
                                                                            
Ordinary Resolution 29,329,713         379,601            20,861,917        
                                                                            
Special Resolution  50,191,631         139,735            239,866           


VOTED PERCENTAGE

                    For (%)           Against (%)       
                                                        
Ordinary Resolution 98.72             1.28              
                                                        
Special Resolution  99.72             0.28              

A copy of the resolutions passed at the general meeting has been submitted to
the National Storage Mechanism and will shortly be available for inspection at
www.morningstar.co.uk/uk/NSM.

All enquiries to:

The Company Secretary                                                               

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

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