RNS Number:1728U
TR Property Investment Trust PLC
13 January 2004


TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 12 January 2004, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 102.4p.




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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