RNS Number:7400S
Pillar Property PLC
02 December 2003


2 December 2003

                    PILLAR - HOLDING IN TRUSTS & UNIT VALUES



Pillar Property PLC ("Pillar") announces that as at 27 November 2003, its
holding in the following trusts and their unit values were as follows:

               Portfolio valuation     Net unit value    Net unit value      Pillar        Pillar      Pillar
                     #million            November           October          Share         Share       share
                                                    #                 #     November      November    October

                                                                          No of units    % holding           %
                                                                                                      holding

 Hercules Unit              1,995.4               754               737        526,169        36.67      36.90
         Trust

City of London                618.0               454               471        151,326        35.94      35.94
   Office Unit
         Trust


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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