RNS Number:1741F
ING UK Real Estate Income Trust Ltd
04 October 2007



TR-1(i): Notification of major interests in shares

+--------------------------------------------+--------------------------------+
|1. Identity of the issuer or the underlying |  ING UK REAL ESTATE ORD NPV (  |
|issuer of existing shares to which voting   |         GB00B0LCW208)          |
|rights are attached(ii):                    |                                |
+--------------------------------------------+----------------------+---------+
|2. Reason for the notification (please tick the appropriate box or |         |
|boxes)                                                             |         |
+-------------------------------------------------------------------+---------+
|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    |Cazenove Capital Management Ltd |
|notification obligation(iii):               |                                |
+--------------------------------------------+--------------------------------+
|4. Full name of shareholder(s) (if different|              N/A               |
|from 3.)(iv):                               |                                |
+--------------------------------------------+--------------------------------+
|5. Date of the transaction (and date on     |            03/10/07            |
|which the threshold is crossed or reached if|                                |
|different)(v):                              |                                |
+--------------------------------------------+--------------------------------+
|6. Date on which issuer notified:           |            04/10/07            |
+--------------------------------------------+--------------------------------+
|7. Threshold(s) that is/are crossed or      |               5%               |
|reached:                                    |                                |
+--------------------------------------------+------------------------------+-+
|8. Notified details:                        |             N/A              | |
+--------------------------------------------+----------------------+-------+-+
+--------------------------------------------+----------------------+-------+-+







+--------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                   |
+------------+---------------------+---------------------------------------------------+
|Class/type  |Situation previous to|Resulting situation after the triggering           |
|of shares   |the Triggering       |transaction(vii)                                   |
|            |transaction (vi)     |                                                   |
|if possible +----------+----------+----------+-------------------+--------------------+
|using the   |Number of |Number of |Number of |Number of voting   |% of voting rights  |
|ISIN CODE   |Shares    |Voting    |shares    |rights ix          |                    |
|            |          |Rights    +----------+----------+--------+---------+----------+
|            |          |viii      |Direct    |Direct x  |Indirect|Direct   |Indirect  |
|            |          |          |          |          |xi      |         |          |
+------------+----------+----------+----------+----------+--------+---------+----------+
|GB00B0LCW208|16,617,743|16,617,743|16,430,043|16,430,043|   0    |  4.96%  |    0     |
+------------+----------+----------+----------+----------+--------+---------+----------+

+------------------------------------------------------------------------------+
|B: Financial Instruments                                                      |
+------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction xii                      |
+---------------+-----------+------------------+-------------------+-----------+
|Type of        |Expiration |Exercise/         |Number of voting   |% of voting|
|financial      |date xiii  |Conversion Period/|rights that may be |rights     |
|instrument     |           |Date xiv          |acquired if the    |           |
|               |           |                  |instrument is      |           |
|               |           |                  |exercised/         |           |
|               |           |                  |converted.         |           |
+---------------+-----------+------------------+-------------------+-----------+
|      N/A      |    N/A    |       N/A        |        N/A        |    N/A    |
+---------------+-----------+------------------+-------------------+-----------+

+-----------------------------------------------------------------------------+
|Total (A+B)                                                                  |
+-------------------------------------+---------------------------------------+
|Number of voting rights              |% of voting rights                     |
+-------------------------------------+---------------------------------------+
|16,430,043                           |4.96%                                  |
+-------------------------------------+---------------------------------------+

+-----------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or   |
|the financial instruments are effectively held, if applicable xv:            |
+-----------------------------------------------------------------------------+
|N/A                                                                          |
+-----------------------------------------------------------------------------+

+-----------------------------------------------------------------------------+
|Proxy Voting:                                                                |
+------------------------------------------------+----------------------------+
|10. Name of the proxy holder:                   |            N/A             |
+------------------------------------------------+----------------------------+
|11. Number of voting rights proxy holder will   |            N/A             |
|cease to hold:                                  |                            |
+------------------------------------------------+----------------------------+
|12. Date on which proxy holder will cease to    |            N/A             |
|hold voting rights:                             |                            |
+------------------------------------------------+----------------------------+

+--------------------------------+--------------------------------------------+
|13. Additional information:     |                    N/A                     |
+--------------------------------+--------------------------------------------+
|14. Contact name:               |                    N/A                     |
+--------------------------------+--------------------------------------------+
|15. Contact telephone number:   |                    N/A                     |
+--------------------------------+--------------------------------------------+




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END