Dividend Declaration

Date: 16 October 2014

Company: UK Commercial Property Trust Limited

Subject: Dividend Declaration

Third Interim Dividend for 2014

UK Commercial Property Trust Limited today announces its third interim dividend
payment, in respect of the financial period from 1 July 2014 to 30 September
2014, of 0.92 pence per share as per the schedule below.

Ex-Dividend Date     - 6 November 2014

Record Date          - 7 November 2014

Pay Date             - 28 November 2014

All Enquiries:

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

Tel: [phone]