For filings with the FCA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuer                        F&C Commercial
of existing shares to which voting rights are                     Property Trust Limited
attached:ii

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):  Restatement of notification following completion of Aviva     X
                         plc's acquisition of Friends Life Group Ltd

3. Full name of person(s)
subject to the            Aviva plc & its subsidiaries
notification obligation:
iii

                          Registered Holder:

                          Available upon request                     1,501,098*

                          BNY Norwich Union Nominees Limited         156,553*

                          Chase (GA Group) Nominees Limited          1,682,135*

                          Friends Life Limited                       173,561,262*

4. Full name of           London Capital Holdings Limited            275,950*
shareholder(s)
 (if different from 3.):  St Christopher's Place Limited             3,822,800*
iv
                          Vidacos Nominees Limited                   22,430*

                                             *denotes direct interest

                          Chase Nominees Limited                     102,821

                          Vidacos Nominees Limited                   182,956




5. Date of the
transaction and date on   27/06/2014 - Date of original notification
which the threshold is
crossed or                13/04/2015 - Aviva plc acquisition of Friends Life Group Ltd
reached: v

6. Date on which issuer   15/04/2015
notified:

7. Threshold(s) that is/  Restatement of Friends Life Group Ltd holding of 24.96%, dated
are crossed or            27/06/2014
reached: vi, vii




8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of Situation previous      Resulting situation after the triggering
shares        to the triggering       transaction
              transaction

if possible   Number      Number      Number      Number of voting      % of  voting
using         of          of          of shares   rights                rights x
the ISIN CODE Shares      Voting
                          Rights      Direct      Direct xi   Indirect  Direct Indirect
                                                              xii
Ordinary
Shares
              189,378,871 189,378,871 181,308,005 181,022,228 285,777   22.65% 0.03%

GG00B4ZPCJ00



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial  Expiration Exercise/              Number of voting       % of voting
instrument         date xiii  Conversion Period xiv  rights that may be     rights
                                                     acquired if the
                                                     instrument is
                                                     exercised/ converted.



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi

Resulting situation after the triggering transaction

Type of    Exercise Expiration   Exercise/     Number of voting rights   % of voting
financial  price    date xvii    Conversion    instrument refers to      rights xix, xx
instrument                       period xviii

                                                                         Nominal   Delta



Total (A+B+C)

Number of voting rights                  Percentage of voting rights

181,308,005                              22.68%





9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

The voting rights are managed and controlled by Aviva Investors Global Services
Limited, Friends Life Group Limited andFriends Provident International Limited,
with the following chains of controlled undertakings:-

- Aviva Investors Global Services Limited:

- Aviva plc (Parent Company)

- Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

- Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group
  Holdings Limited)

- Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva
  Investors Holdings Limited)


Friends Life Group Limited:

- Aviva plc (Parent Company)

- Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

- Friends Life Group Limited (wholly owned subsidiary of Aviva Group Holdings
  Limited)


Friends Provident International Limited:

- Aviva plc (Parent Company)

- Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc)

- Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings
  Limited)

- Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK
  Limited)

- Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited)

- Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited)

- Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life
  Limited)

- Friends Provident International Limited (wholly owned subsidiary of Friends
  Life and Pensions Limited)




Proxy Voting:

10. Name of the proxy holder:                       See Section 4

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:   Figures are based on a total number of voting rights of
                              799,366,108, as per the Company's Total Voting Rights
                              announcement of 1st October 2014.



14. Contact name:             Neil Whittaker, Aviva plc

15. Contact telephone number: 01603 684420