Holding(s) in Company

UK Commercial Property Trust Ltd
26 July 2007



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

+--------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying |UK COMMERCIAL PROPERTY          |
|issuer of existing shares to which voting   |TRUST PLC                       |
|rights are 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 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                   |         |
+-------------------------------------------------------------------+---------+
|Other (please specify):___Initial                                  |         |
|disclosure________________________                                 |         |
+--------------------------------------------+----------------------+---------+
|3. Full name of person(s) subject to the    | Resolution Investment Services |
|notification obligation(iii):               |            Limited             |
+--------------------------------------------+--------------------------------+
|4. Full name of shareholder(s) (if different|                                |
|from 3.)(iv):                               |                                |
+--------------------------------------------+--------------------------------+
|5. Date of the transaction (and date on     |           28/02/2007           |
|which the threshold is crossed or reached if|                                |
|different)(v):                              |                                |
+--------------------------------------------+--------------------------------+
|6. Date on which issuer notified:           |           26/07/2007           |
+--------------------------------------------+--------------------------------+
|7. Threshold(s) that is/are crossed or      |               5%               |
|reached:                                    |                                |
+--------------------------------------------+------------------------------+-+
|8. Notified details:                        |       Nominee holdings       | |
+--------------------------------------------+----------------------+-------+-+




+--------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                             |
+------------+--------------+----------------------------------------------------+
|Class/type  |Situation     |Resulting situation after the triggering transaction|
|of shares   |previous to   |(vii)                                               |
|            |the Triggering|                                                    |
|if possible |transaction   |                                                    |
|using the   |(vi)          |                                                    |
|ISIN CODE   +------+-------+--------+---------------------+---------------------+
|            |Number|Number |Number  |Number of voting     |% of voting rights   |
|            |of    |of     |of      |rights ix            |                     |
|            |Shares|Voting |shares  |                     |                     |
|            |      |Rights +--------+---------+-----------+---------+-----------+
|            |      |viii   |Direct  |Direct x |Indirect xi|Direct   |Indirect   |
+------------+------+-------+--------+---------+-----------+---------+-----------+
|GB00B19Z2J52|      |       |        |         |658,250,785|         |74.80%     |
+------------+------+-------+--------+---------+-----------+---------+-----------+
|            |      |       |        |         |           |         |           |
+------------+------+-------+--------+---------+-----------+---------+-----------+

+------------------------------------------------------------------------------+
|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.         |           |
+---------------+-----------+------------------+-------------------+-----------+
|               |           |                  |                   |           |
+---------------+-----------+------------------+-------------------+-----------+

+-----------------------------------------------------------------------------+
|Total (A+B)                                                                  |
+-------------------------------------+---------------------------------------+
|Number of voting rights              |% of voting rights                     |
+-------------------------------------+---------------------------------------+
|658,250,785                          |74.80%                                 |
+-------------------------------------+---------------------------------------+








+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or   |
|the financial instruments are effectively held, if applicable xv:            |
+-----------------------------------------------------------------------------+
|Resolution Plc                                                               |
|                                                                             |
|Resolution Asset Management Limited                                          |
|                                                                             |
|Resolution Investment Services Limited (indirect)                            |
|                                                                             |
|Bank of New York Nominees Ltd ( 103,222 0.01%)                               |
|                                                                             |
|Vidacos Nominees Ltd ( 656,999,063 74.66%)                                   |
|                                                                             |
|HSBC (1,148,500 0.13%)                                                       |
+-----------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
+------------------------------------------------+----------------------------+
|10. Name of the proxy holder:                   |                            |
+------------------------------------------------+----------------------------+
|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:     |Percentage calculation based on Issued Share|
|                                |Capital of 880,000,000                      |
+--------------------------------+--------------------------------------------+
|14. Contact name:               |Deborah A. Wagner                           |
+--------------------------------+--------------------------------------------+
|15. Contact telephone number:   |0141 222 8000                               |
+--------------------------------+--------------------------------------------+




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