Statement by General Partner

2008-06-302008-07-04TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk58756560461560461
LIMITED PARTNERSHIP ACT 1907
STANDARD LIFE INVESTMENTS UK PROPERTY DEVELOPMENT FUND LP

Notice is hereby given, pursuant to section 9 of the Limited Partnership Agreement Act 1907, that on 30 June 2008, Citibank International plc in its capacity as Trustee of the Railway Pension Exempt Unit Trust transferred its interest in Standard Life Investments UK Property Development Fund LP to BNY Mellon Asset Servicing B.V. in its capacity as the new Trustee of the Railway Pension Exempt Unit Trust.