IPI Invesco Pty

              TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of  Invesco Property Income
existing shares to which voting rights are attached    Trust Limited
(ii):

2. Reason for the notification

An acquisition or disposal of voting rights                       X

An acquisition or disposal of financial instruments
which may

result in the acquisition of shares already issued to
which voting

rights are attached

An event changing the breakdown of voting rights

Other (please specify):

3.Full name of person(s) subject to the notification   F&C Asset Management plc
obligation (iii):

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

5.Date of the transaction (and date on which the       29 July 2013
threshold is

crossed or reached if different) (v):

6.Date on which issuer notified:                       30 July 2013

7.Threshold(s) that is/are crossed or reached:         18%, 17%, 16%, 15%, 14%,
                                                       13%, 12%, 11%, 10%, 5%

8.Notified details:

A: Voting rights attached to shares

Class/type of  Situation previous to  Resulting situation after the triggering
shares if         the triggering                 transaction (vii)
possible using   transaction (vi)
the ISIN CODE

               Number of  Number of   Number  Number of voting   % of voting
                 Shares     Voting      of         rights           rights
                            Rights    shares
                            (viii)                  (ix)

                                              Direct  Indirect Direct  Indirect
                                                (x)     (x)

GB00B02TTS55   27,638,400 27,638,400    0        -       0        -       0%

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of        Expiration  Exercise/Conversion    Number of voting      % of
financial     date (xiii)   Period/Date (xiv)    rights that may be    voting
instrument                                        acquired if the      rights
                                                   instrument is
                                                exercised/converted


Total (A+B)

Number of voting rights                 % of voting rights

0                                       0%

9.Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):



Proxy Voting:

10.Name of the proxy holder:

11.Number of voting rights proxy holder will cease
to hold:

12.Date on which proxy holder will cease to hold
voting rights:

13.Additional information:

14.Contact name:                                   Paul Griggs

                                                   Invesco Asset Management
                                                   Limited

15.Contact telephone number:                       0207 065 4517