RNS Number:2844O
Pillar Property PLC
04 August 2003


4 August 2003


                    PILLAR - HOLDING IN TRUSTS & UNIT VALUES

Pillar Property PLC ("Pillar") announces that as at 30 July 2003, its holding in
the following trusts and their unit values were as follows:


                                       Portfolio     Net unit    Net unit     Pillar     Pillar      Pillar
                                       valuation      value        value      Share      Share        share
                                       #million        July        June        July       July        June
                                                        #            #        No of    % holding        %
                                                                              units                  holding

                 Hercules Unit Trust       1,902.0     696          691        578,115   40.29        40.79

    City of London Office Unit Trust         625.1     474          474        151,326   35.94        35.94



Details of the properties held in each trust are available at
www.pillarproperty.com.



Enquiries:


Pillar Property plc                                    Tel: 020 7915 8000
Humphrey Price, Finance Director

Gavin Anderson and Company                             Tel: 020 7554 1400
Charlotte Stone



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