RNS Number:1988S
TR Property Investment Trust PLC
18 November 2003

HENDERSON GLOBAL INVESTORS

18 NOVEMBER 2003

TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 17 November 2003, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 96.3p.

For further information, please call:

John Hilton

Investment Trust Accounting Department

BNP Paribas Fund Services UK Limited

Tel: 020 7410 4538





                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
NAVILFVVLSLTLIV