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Aberdeen extends trading suspension for UK property funds for 2 more days

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Aberdeen extends trading suspension for UK property funds for 2 more days

Aberdeen AssetManagement Plc further extended the temporary suspension of theAberdeen UK Property Fund and the Aberdeen UK Property Feeder Unit Trust by twodays.

Aberdeen said the move will provide additional time forinvestors to consider their options and ensure that all customers are treatedfairly. The extension means that any remaining investors who submittedredemption requests between noon July 5 and noon July 6 and would like to amendor cancel the trade can contact their intermediary or platform urgently.

Unless withdrawn, orders placed in this time frame will nowbe processed at noon July 13 at a diluted price. Orders placed between noonJuly 6 and noon July 13 will not be accepted.

Aberdeen initially suspended trading in the Aberdeen U.K. Property Fund for24 hours July 6 and cut its value by 17%.