AEW UK REIT plc: Holdings in Company

NOTIFICATION OF MAJOR HOLDINGS

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

AEW UK REIT PLC

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

Seneca IM Limited

City and country of registered office (if applicable)

Liverpool, UK

4. Full name of shareholder(s) (if different from 3.)v

Name

See section 9 below

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

27/07/18

6. Date on which issuer notified (DD/MM/YYYY):

17/08/18

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

5.01

N/A

5.01

151,558,251

Position of previous notification (if

applicable)

N/A

N/A

N/A

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

LF Seneca Diversified Income Fund

1.06

N/A

1.06

Seneca Global Income & Growth Trust

0.82

N/A

0.82

LF Seneca Diversified Growth Fund

1.12

N/A

1.12

Sequel Growth Target Return

0.47

N/A

0.47

Sequel Balanced Target Return

0.60

N/A

0.60

Sequel Cautious Target Return

0.86

N/A

0.86

Sequel Global Target Return

0.04

N/A

0.04

Sequel Cautious Income

0.04

N/A

0.04

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of completion

Seneca IM Limited, 10th Floor Horton House, Exchange Flags, Liverpool, L2 3YL

Date of completion

17/08/18