RNS Number:1864R
TR Property Investment Trust PLC
22 October 2003


HENDERSON GLOBAL INVESTORS

22 OCTOBER 2003

TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 21 October 2003, the unaudited net asset value per
share calculated in accordance with the AITC formula (excluding current
financial year revenue items) was 90.7p.

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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