Holding(s) in Company

ING UK Real Estate Income Trust Ltd
08 August 2007



TR-1(i): notification of major interests in shares

+---------------------------------------------+------------------------------+
|1. Identity of the issuer or the underlying  | ING UK Real Estate Income    |
|issuer of existing shares to which voting    | Trust Ltd                    |
|rights are attached(ii):                     |                              |
+---------------------------------------------+----------------------+-------+
|2. Reason for the notification (please tick the appropriate box or  |       |
|boxes)                                                              |       |
+--------------------------------------------------------------------+-------+
|An acquisition or disposal of voting rights                         |   X   |
+--------------------------------------------------------------------+-------+
|An acquisition or disposal of financial instruments which may result|       |
|in the acquisition of shares already issued to which voting rights  |       |
|are attached                                                        |       |
+--------------------------------------------------------------------+-------+
|An event changing the breakdown of voting rights                    |   X   |
+--------------------------------------------------------------------+-------+
|Other (please specify): Transitional Notification Requirement       |       |
+---------------------------------------------+----------------------+-------+
|3. Full name of person(s) subject to the     | Stichting Pensioenfonds ABP  |
|notification obligation(iii):                |                              |
+---------------------------------------------+------------------------------+
|4. Full name of shareholder(s) (if different |                              |
|from 3.)(iv):                                |                              |
+---------------------------------------------+------------------------------+
|5. Date of the transaction (and date on which|             N/A              |
|the threshold is crossed or reached if       |                              |
|different)(v):                               |                              |
+---------------------------------------------+------------------------------+
|6. Date on which issuer notified:            |        August 6, 2007        |
+---------------------------------------------+------------------------------+
|7. Threshold(s) that is/are crossed or       |              3%              |
|reached:                                     |                              |
+---------------------------------------------+------------------------------+
|8. Notified details:                         |                              |
+---------------------------------------------+----------------------+-------+
+---------------------------------------------+----------------------+-------+







+----------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                               |
+-------------+-------------------+------------------------------------------------+
|Class/type of|Situation previous |Resulting situation after the triggering        |
|shares       |to the Triggering  |transaction(vii)                                |
|             |transaction (vi)   |                                                |
|if possible  +---------+---------+---------+------------------+-------------------+
|using the    |Number of|Number of|Number of|Number of voting  |% of voting rights |
|ISIN CODE    |Shares   |Voting   |shares   |rights ix         |                   |
|             |         |Rights   +---------+---------+--------+---------+---------+
|             |         |viii     |Direct   |Direct x |Indirect|Direct   |Indirect |
|             |         |         |         |         |xi      |         |         |
+-------------+---------+---------+---------+---------+--------+---------+---------+
|             |         |         |         |         |        |         |         |
|             |         |         |         |         |        |         |         |
|GB00B0LCW208 |9,224,671|9,224,671|9,022,581|9,022,581|        |2.7217   |         |
+-------------+---------+---------+---------+---------+--------+---------+---------+

+------------------------------------------------------------------------------+
|B: Financial Instruments                                                      |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction xii                      |
+---------------+-----------+------------------+-------------------+-----------+
|Type of        |Expiration |Exercise/         |Number of voting   |% of voting|
|financial      |date xiii  |Conversion Period/|rights that may be |rights     |
|instrument     |           |Date xiv          |acquired if the    |           |
|               |           |                  |instrument is      |           |
|               |           |                  |exercised/         |           |
|               |           |                  |converted.         |           |
+---------------+-----------+------------------+-------------------+-----------+
|               |           |                  |                   |           |
|               |           |                  |                   |           |
|      N/A      |           |                  |                   |           |
+---------------+-----------+------------------+-------------------+-----------+

+-----------------------------------------------------------------------------+
|Total (A+B)                                                                  |
+-------------------------------------+---------------------------------------+
|Number of voting rights              |% of voting rights                     |
+-------------------------------------+---------------------------------------+
|                                     |                                       |
|                                     |                                       |
|9,022,581                            |2.7217                                 |
+-------------------------------------+---------------------------------------+








+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or   |
|the financial instruments are effectively held, if applicable xv:            |
+-----------------------------------------------------------------------------+
|N/A                                                                          |
+-----------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
+------------------------------------------------+----------------------------+
|10. Name of the proxy holder:                   |N/A                         |
+------------------------------------------------+----------------------------+
|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:     |Unfortunately, only today we were informed  |
|                                |about the latest amount of outstanding      |
|                                |shares/ shares in issue. Priorly an amount  |
|                                |of 305 million shares had been included in  |
|                                |our administrative system-which is          |
|                                |automattically updated by Bloomberg. However|
|                                |Bloomberg has been silent on the change of  |
|                                |outstanding shares so far. Apologies for the|
|                                |inconvenience this might cause.             |
+--------------------------------+--------------------------------------------+
|14. Contact name:               |                                            |
+--------------------------------+--------------------------------------------+
|15. Contact telephone number:   |                                            |
+--------------------------------+--------------------------------------------+




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