To: RNS From: F&C Commercial Property Finance Limited Date: 28 November 2014 CANCELLATION OF LISTING F&C Commercial Property Finance Limited (the "Company") has served irrevocable notice of mandatory redemption on 2 January 2015 of the £230 million of secured bonds issued by the Company (the "Bonds"). Upon redemption all the Bonds will be cancelled. The ISIN will be disabled for settlement in CREST at 5.00 p.m. on 31 December 2014. The Company has requested that the listing of the Bonds on the Official List of the UK Listing Authority and their trading on the Main Market of the London Stock Exchange is cancelled at 8.00 a.m. on 5 January 2015. All enquiries: The Company Secretary Northern Trust International Fund Administration Services (Guernsey) Limited Trafalgar Court Les Banques St Peter Port Guernsey GY1 3QL Sharon Williams Tel: 01481 745388 Fax: 01481 745051