F&C UK Real Estate Investments Limited ("the Company")             


    20 January 2017

    The Board announces that F&C UK Real Estate Investments Limited ("the Company")
    allotted 500,000 ordinary shares of 1p each from the Company's general
    corporate blocklisting facility in order to satisfy continued market demand.
    These shares rank pari passu with the existing shares in issue. The Ordinary
    Shares have been allotted and issued at a price of 100.25p per share, being
    just over a 3 per cent premium to the net asset value announced by the Company
    on 10 January 2017.

    Following this allotment, the Company has the ability to issue 14,685,000
    ordinary shares under its blocklisting facility.

    As a result of this allotment, the total number of ordinary shares will be
    239,555,539 and the total number of voting rights in the Company will be
    239,555,539.

    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.


    For further information please contact:

    The Company Secretary
    Northern Trust International Fund Administration Services (Guernsey) Limited
    Trafalgar Court
    Les Banques
    St Peter Port
    Guernsey
    GY1 3QL
    Tel: 01481 745001
    Fax: 01481 745051