Statement by General Partner

The City of WestminsterLimited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 19072013-05-242013-06-05W1S4HQ-0.14099451.508600W1S 4HQTSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk183816360526

Armstrong Watson Residential Property Fund

LIMITED PARTNERSHIPS ACT 1907

Notice is hereby given, pursuant to section 10 of the Limited Partnerships Act 1907, that with effect of 24 May 2013, Royal Bank of Canada Trust Corporation Limited, as Trust of the Armstrong Watson Exempt Property Unit Trust, transferred to Sandra Caroline Siddle, part of its interests in the Armstrong Watson Residential Property Fund, a limited partnership registered in England with number LP11543, (the “Partnership”), and on that date, Sandra Caroline Siddle became a new limited partner in the Partnership.

Signed by: Citco REIF Services UK Limited

7 Albemarle Street

London

W1S 4HQ

24 May 2013