RNS Number:3622F
UK Balanced Property Trust Ltd(The)
08 October 2007


                     THE UK BALANCED PROPERTY TRUST LIMITED
                    (Registered in Guernsey - Number 39171)

                               Registered Office:
                C/o BUTTERFIELD FUND SERVICES (GUERNSEY) LIMITED
        P.O. BOX 211, REGENCY COURT, GLATEGNY ESPLANADE, ST. PETER PORT,
                      GUERNSEY, GY1 3NQ, CHANNEL ISLANDS.
                          ___________________________

                          TELEPHONE:  + 44 1481 720321
                          FACSIMILE:  + 44 1481 716117
                            e-mail:  Funds@bfmgl.gg


Immediate Announcement                                           8 October 2007

THE UK BALANCED PROPERTY TRUST LIMITED

REPAYMENT OF BONDS

The UK Balanced Property Trust Limited (the "Company") announces that it has 
today repaid all its listed bonds, issued through UK Balanced Property Finance 
Limited, including all accrued interest for an aggregate amount of #121.8m.  
As announced earlier today, the Company has also today terminated the interest 
rate swap.  Under the terms of the termination agreement, the Company is 
entitled to a payment of #6.7 million.


Enquiries:

The Company Secretary
Butterfield Fund Services (Guernsey) Limited
PO Box 211
Regency Court
Glategny Esplanade
St Peter Port
Guernsey
GY1 3NQ

Tel: +44 (0) 1481 720321
Fax: +44 (0) 1481 716117








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

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