RNS Number:0405O
TR Property Investment Trust PLC
28 July 2003


HENDERSON GLOBAL INVESTORS

28 JULY 2003



TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 25 July 2003, the unaudited undiluted net asset value
per share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 85.7p.


                                    - ENDS -



For further information, please call:

John Hilton

Investment Trust Accounting Department

BNP Paribas Fund Services UK Ltd

Tel: 020 7410 4538





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