Continuation Vote

UK Commercial Property Trust Ltd
11 October 2007


UK COMMERCIAL PROPERTY TRUST LIMITED


FOR IMMEDIATE RELEASE

Continuation vote

11 October 2007


The Board of UK Commercial Property Trust Limited (the 'Company') refers to the
prospectus (the 'Prospectus') published by the Company on launch in September
2006. The Prospectus stated that, if the market price of a Share in the Company
was more than five per cent. below the published net asset value of a Share for
a continuous period of 90 dealing days or more, the Directors would convene an
extraordinary general meeting to consider an ordinary resolution for the
continuation of the Company. The Company announces that, as at close of business
yesterday, the Shares had traded at more than a five per cent. discount to their
net asset value for 90 continuous dealing days. In accordance with the intention
stated in the Prospectus, the Directors therefore intend to convene an
extraordinary general meeting to consider a resolution (the 'Resolution') to
approve the continuation of the Company.


The Company will publish a circular in November convening an extraordinary
general meeting (the 'EGM') to consider the Resolution. All Shareholders are
entitled to attend and vote on the Resolution to be proposed at the EGM, which
will be proposed as an ordinary resolution.


If the Resolution is not passed then, as stated in the Prospectus, the Directors
will convene a further extraordinary general meeting of the Company to be held
within six months of the date of the first EGM to consider the winding up of the
Company or a reconstruction of the Company which offers all Shareholders the
opportunity to realise their investment.


If the Resolution is passed then, as stated in the Prospectus, the Directors
would not intend to convene another extraordinary general meeting to consider
the continuation of the Company unless the Shares trade at a discount of more
than 5 per cent. for 90 continuous dealing days or more from the first
anniversary of the EGM.


The Board together with its advisers intends to continue the ongoing dialogue
with Shareholders regarding the current discount. The Board believes that
Shareholders remain supportive of the continuation of the Company.


All enquiries
Douglas Armstrong, Dickson Minto WS
0207 628 4455


Nigel Russell/Graeme Caton/Graham Reaves, G&N Collective Funds Services Limited
0131 226 4411


The Company Secretary, Northern Trust International Fund Administration Services
(Guernsey) Limited
01481 745529



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