This website and/or any materials made available from it (“Website”), which provides a brief overview of the potential investment opportunity in UK commercial property through the FTSE UK Commercial Property Index Fund Limited (the “Company”), is advised by MSS Real Estate LLP (“MSS”), which is authorised and regulated in the United Kingdom by the Financial Services Authority (the “FSA”) and MSS Property Fund Management Limited which is licensed and authorised by the Guernsey Financial Services Authority under the Protection of Investors (Bailiwick of Guernsey) Law, 1987 as amended (the “POI Law”) to carry on controlled investment business in or from within the Bailiwick of Guernsey.

The information contained in this Website, which is for background purposes only, has been prepared in good faith and is subject to updating, amendment, verification and completion and such information may change materially.

Where securities are mentioned in this Website they do not necessarily represent a specific portfolio holding and this Website does not constitute a recommendation regarding the Company's securities or the securities of any other company referred to in this Website. Neither this Website nor any of the information contained in it forms or constitutes an offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities to be issued by the Company, nor will it form the basis of any contract or commitment for the purchase of or subscription for such securities.

None of the Company, MSS or any of their respective directors, officers, employees, agents or advisers or any other person makes any representation or warranty, express or implied, as to the accuracy or completeness of the contents of this Website (or whether any material information has been omitted from this Website). In particular, but without prejudice to the generality of the foregoing, no representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on, any assumptions, targets, forecasts, projections, estimates or prospects with regard to the anticipated future performance of the Company or of UK commercial property.

No responsibility or liability is accepted by any such person for any errors, misstatements or omissions in this Website or for any loss howsoever arising from any use of this Website or its contents or otherwise arising in connection therein. The exclusions set out in this paragraph do not extend to an exclusion of liability for, or remedy in respect of, fraudulent misrepresentation. Past performance is not necessarily indicative of future results.

This Website may contain certain forward-looking statements with respect to UK commercial property, the Company's potential investments and potential returns on the Company's shares. These statements and forecasts involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by these forward-looking statements and forecasts. Nothing in this Website should be construed as a profit or dividend forecast.

The FTSE UK Commercial Property Index Series was launched in June 2006 and developed by FTSE in consultation with MSS. This document contains Index performance data based on backtesting, i.e., calculations of how the Index might have performed prior to launch if it had existed using the same index methodology employed by FTSE today. Backtested performance information is purely hypothetical and is provided in this document solely for informational purposes. Backtested performance does not represent actual performance and should not be interpreted as an indication of actual performance.

Users of this Website who intend to apply for securities to be issued by the Company are reminded that any such application may be made solely on the basis of the information and opinions contained in the prospectus relating to the Company expected to be published in May 2012 which may differ materially from the information and opinions contained in this Website.

No part of this Website or any of its content is for publication or distribution, directly or indirectly, to persons in the United States (within the meaning of Regulation S under the US Securities Act of 1933 as amended (the “Securities Act”)). No shares or other securities of the Company have been or will be, registered under the Securities Act or be qualified for sale or resale under the laws of any state of the United States. No offer or sale of such shares or securities will be made within the United States and such shares or securities will only be offered or sold outside the United States in accordance with Regulation S under the Securities Act (“Regulation S”) to persons who are not US Persons (within the meaning of Regulation S). No part of this Website or any of its content may be taken or transmitted into or distributed in Australia, Canada or Japan or to any other jurisdiction which prohibits the same except in compliance with the applicable securities laws. Any failure to comply with this restriction may constitute a violation of the United States or other national securities laws.

The FTSE UK Commercial Property Index Fund Limited is not in any way sponsored, endorsed, sold or promoted by FTSE International Limited (“FTSE”) or by the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any warranty or representation whatsoever, expressly or impliedly, either as to the results to be obtained from the use of the FTSE UK Commercial Property Index (the “Index”) and/or the figure at which the said Index stands at any particular time on any particular day or otherwise. The Index is compiled and calculated by FTSE. However, none of the Licensor Parties shall be liable (whether in negligence or otherwise) to any person for any error in the Index and none of the Licensor Parties shall be under any obligation to advise any person of any error therein. “FTSE®”, “FT-SE®” and “Footsie®” are trade marks of LSEG and are used by FTSE under licence.

If you are uncertain about your position under the laws of the country in which this Website is being viewed then you should seek clarification by obtaining legal advice from a lawyer practicing in the country of your residence or in the country in which this Website is being viewed