RNS Number:6106R
TR Property Investment Trust PLC
3 November 2003

HENDERSON GLOBAL INVESTORS
3 NOVEMBER 2003


TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 31 October 2003, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 90.9p.


                                    - ENDS -


For further information, please call:

John Hilton

Investment Trust Accounting Department

BNP Paribas Fund Services UK Ltd

Tel: 020 7410 4538



                      This information is provided by RNS
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