Issue of Equity

Date: 9 September 2014

Company: UK Commercial Property Trust Limited

Subject: Issue of Equity

The Company announces that it has made an application to the UK Listing
Authority and the London Stock Exchange ('LSE') for the listing of a further
10,320,260 ordinary shares of 25p each ("Ordinary Shares").The Ordinary Shares
were allotted yesterday pursuant to the authorities granted at the annual
general meeting of the Company held on 17 June 2014.The Ordinary Shares 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
11 September 2014.

Following this issue, the total issued share capital of the Company will be
1,266,808,409 and the total number of voting rights in the Company will be
1,266,808,409.

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]