TIDMIRET

RNS Number : 5754H

ING UK Real Estate Income Trust Ltd

31 May 2011

31 May 2011

ING UK Real Estate Income Trust Limited

Confirmation of ING UK Real Estate Income Trust Limited (IRET) change of name to Picton Property Income Limited

Further to the Result of AGM announcement made by ING UK Real Estate Income Trust Limited (the "Company") on 26th May, the Board of directors can confirm that the Company's name will be changed to Picton Property Income Limited ("Picton") with effect from 1 June 2011. The Company's new ticker code will be "PCTN".

Shareholders should note that the Company's ISIN will remain unchanged.

Documentation relating to the approval by shareholders at the AGM of the name change has been submitted to the National Storage Mechanism and is available for inspection at: www.hemscott.com/nsm.do.

For further information:

All Enquiries

David Sauvarin

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL

Tel: 01481 745529

Fax: 01481 745085

ING Real Estate Investment Management (UK) Limited

Helen Stott, 020 7767 5648 helen.stott@ingrealestate.co.uk

Financial Dynamics

Dido Laurimore, 020 7831 3113, dido.laurimore@fd.com

Laurence Jones, 020 7831 3113, laurence.jones@fd.com

Picton Capital Limited

Michael Morris, 020 7628 4800, michael.morris@pictoncapital.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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