RNS Number:7933N
TR Property Investment Trust PLC
21 July 2003



HENDERSON GLOBAL INVESTORS

21 JULY 2003


TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 18 July 2003, the unaudited undiluted net asset value
per share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 84.6p.


                                    - ENDS -

For further information, please call:

John Hilton

Investment Trust Accounting Department

BNP Paribas Fund Services UK Ltd

Tel: 020 7410 4538



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