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REG-F&C Com Pty Tst Ltd: Correction: Update on REIT Conversion

This announcement is a correction for the earlier publication, filed under the
incorrect company name: UK Commercial Property REIT Ltd, at 10:03 this
morning. 

F&C COMMERCIAL PROPERTY TRUST LIMITED

LEI: 213800A2B1H4ULF3K397

29 March 2019

UPDATE ON REIT CONVERSION

As noted in the interim report for the period ended 30 June 2018, the Board is
proposing that the Company and its subsidiaries take the necessary steps to
enter into the UK REIT regime (the "Proposals").

The Board has been progressing the necessary documentation in relation to the
Proposals. The completion of the Proposals will be subject to regulatory, bank
and shareholder approval.

Whilst positive progress has been made on gaining the necessary approvals, the
Company is now aiming for the REIT conversion to take place during the second
quarter of 2019.

For further information please contact:

Richard Kirby
Scott Macrae
BMO REP Asset Management plc
Tel: 0207 499 2244

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey GY1 3QL
Tel: 01481 745001



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