ABERDEEN PROVIDES EXTRA TIME TO INVESTORS FOLLOWING APPLICATION OF DILUTION ADJUSTMENT

- Group

Aberdeen Fund Managers Limited (“Aberdeen) has decided to extend the temporary suspension of the Aberdeen UK Property Fund and the Aberdeen UK Property Feeder Unit Trust (together “the Funds”) by a further two days to 12 noon Wednesday, 13 July 2016. This will provide additional time for investors to consider their options in these exceptional circumstances, and further ensures that all customers are treated fairly.


Any remaining investors who submitted redemption requests between 12 noon on 5 July and 12 noon on 6 July 2016 and would like to amend or cancel the trade should urgently contact their intermediary or platform. Alternatively retail investors should contact Aberdeen on 0345 300 2890 (select option 4). Intermediaries or platforms who have queries should contact Aberdeen on 020 7463 3887. Faxed instructions to amend or cancel a trade should be sent to 0370 701 0026.


Orders for subscriptions and redemptions in the Funds placed between 12 noon on 5 July and before 12 noon on 6 July 2016 will now be processed at 12 noon on 13 July 2016 at a diluted price unless withdrawn before the next valuation point (12 noon on 13 July 2016). Orders placed between 12 noon on 6 July 2016 and the next valuation point (12 noon on 13 July 2016) will not be accepted.


Shareholders wishing to redeem will do so at a price which is subject to a dilution adjustment in order to reflect the current market environment and the fact that short term trading in the property market has relatively penal consequences. Those investors who submitted redemption requests before 12 noon on 6 July 2016 will have the opportunity to cancel or proceed with the trade. For the avoidance of doubt, if investors do not specifically instruct the cancellation of their redemption


request, such redemptions will be processed at a diluted dealing price at 12 noon on Wednesday 13 July 2016.


The Funds remain closed to new subscriptions and redemptions until after noon, 13 July 2016.
The decision to extend the suspension period was taken by Aberdeen in agreement with the Fund’s Depositary.