RNS Number:6737N
TR Property Investment Trust PLC
17 July 2003

HENDERSON GLOBAL INVESTORS

17 JULY 2003


TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 16 July 2003, the unaudited net asset value per share
calculated in accordance with the AITC formula (excluding current financial year
revenue items) was 83.8p.



                                    - ENDS -



For further information, please call:

John Hilton

Investment Trust Accounting Department

BNP Paribas Fund Services UK Limited

Tel: 020 7410 4538






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