Balanced Commercial Property Trust Regulatory News (BCPT)

For filings with the FCA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer F&C Commercialof existing shares to which voting rights are Property Trust Limitedattached: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 qualifying financial instruments which may resultin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying financial instruments An event changing the breakdown of voting rights Other (please specify): Restatement of notification following completion of Aviva X plc's acquisition of Friends Life Group Ltd 3. Full name of person(s)subject to the Aviva plc & its subsidiariesnotification obligation:iii Registered Holder: Available upon request 1,501,098* BNY Norwich Union Nominees Limited 156,553* Chase (GA Group) Nominees Limited 1,682,135* Friends Life Limited 173,561,262* 4. Full name of London Capital Holdings Limited 275,950*shareholder(s) (if different from 3.): St Christopher's Place Limited 3,822,800*iv Vidacos Nominees Limited 22,430* *denotes direct interest Chase Nominees Limited 102,821 Vidacos Nominees Limited 182,956 5. Date of thetransaction and date on 27/06/2014 - Date of original notificationwhich the threshold iscrossed or 13/04/2015 - Aviva plc acquisition of Friends Life Group Ltdreached: v 6. Date on which issuer 15/04/2015notified: 7. Threshold(s) that is/ Restatement of Friends Life Group Ltd holding of 24.96%, datedare crossed or 27/06/2014reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggeringshares to the triggering transaction transaction if possible Number Number Number Number of voting % of votingusing of of of shares rights rights xthe ISIN CODE Shares Voting Rights Direct Direct xi Indirect Direct Indirect xiiOrdinaryShares 189,378,871 189,378,871 181,308,005 181,022,228 285,777 22.65% 0.03% GG00B4ZPCJ00 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of votinginstrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying FinancialInstruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting rights % of votingfinancial price date xvii Conversion instrument refers to rights xix, xxinstrument period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 181,308,005 22.68% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi The voting rights are managed and controlled by Aviva Investors Global ServicesLimited, Friends Life Group Limited andFriends Provident International Limited,with the following chains of controlled undertakings:- - Aviva Investors Global Services Limited: - Aviva plc (Parent Company) - Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) - Aviva Investors Holdings Limited (wholly owned subsidiary of Aviva Group Holdings Limited) - Aviva Investors Global Services Limited (wholly owned subsidiary of Aviva Investors Holdings Limited) Friends Life Group Limited: - Aviva plc (Parent Company) - Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) - Friends Life Group Limited (wholly owned subsidiary of Aviva Group Holdings Limited) Friends Provident International Limited: - Aviva plc (Parent Company) - Aviva Group Holdings Limited (wholly owned subsidiary of Aviva plc) - Aviva Life Holdings UK Limited (wholly owned subsidiary of Aviva Group Holdings Limited) - Friends Life FPG Limited (wholly owned subsidiary of Aviva Life Holdings UK Limited) - Friends Life FPL Limited (wholly owned subsidiary of Friends Life FPG Limited) - Friends Life Limited (wholly owned subsidiary of Friends Life FPL Limited) - Friends Life and Pensions Limited (wholly owned subsidiary of Friends Life Limited) - Friends Provident International Limited (wholly owned subsidiary of Friends Life and Pensions Limited) Proxy Voting: 10. Name of the proxy holder: See Section 4 11. Number of voting rights proxy holder will ceaseto hold: 12. Date on which proxy holder will cease to holdvoting rights: 13. Additional information: Figures are based on a total number of voting rights of 799,366,108, as per the Company's Total Voting Rights announcement of 1st October 2014. 14. Contact name: Neil Whittaker, Aviva plc 15. Contact telephone number: 01603 684420