Net Asset Value(s)

26 AUGUST 2011

ALPHA UK MULTI PROPERTY TRUST PLC(the "Company")

ANNOUNCEMENT OF NET ASSET VALUE PER SHARE

Following the recent announcement of the Company's Half Year Report and Financial Statements to 30 June 2011, the Company confirms to Shareholders that the net asset value at 30 June 2011 when restated for the 1 for 10 share consolidation which became effective on 1 July 2011 is 318 pence per Ordinary Share. This is equivalent to the Company's net asset value of 31.8 pence per Ordinary Share as published in the Company's Half Year Report and Financial Statements to 30 June 2011.

Contact:

Jonathan ClagueChairman, Alpha UK Multi Property Trust PlcTom PissarroFund Manager, Alpha Real Capital LLP 020 7268 0300

For more information on the Company please visit www.alphaukmultipropertytrust.com.

For more information on the Company's Investment Manager please visit www.alpharealcapital.com.