Issue of Equity

Date: 29 August 2014

Company: UK Commercial Property Trust Limited

Subject: Issue of Equity

Pursuant to DTR 5.6.1 the Company announces that yesterday it issued 690,120
shares held in treasury at 80.5p per share. These shares will rank pari passu
with the existing ordinary shares in issue.

In addition the Company also announces that it has made an application to the
UK Listing Authority and the London Stock Exchange ('LSE') for the listing of a
further 17,694,149 ordinary shares of 25p each ("Ordinary Shares").The Ordinary
Shares were allotted pursuant to the authorities granted at the annual general
meeting of the Company held on 17 June 2014.The OrdinaryShares rank pari passu
with the existing shares in issue. The Ordinary Shares have been allotted and
issued at a price of 80.5p per share. It is expected that the new shares will
be admitted to listing and to trading on the LSE at 8.00 a.m. on 2 September
2014.

Following this issue, the total issued share capital of the Company will be
1,256,488,149 and the total number of voting rights in the Company will be
1,256,488,149. There are no shares held in treasury.

The above figures may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.

All Enquiries:

Renee McIver
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: [phone]

Graeme McDonald
Ignis Investment Services Limited
Tel: [phone]

Edward Gibson Watt
Angus Wilton
J.P. Morgan Cazenove
Tel: [phone]