Issue of Equity and New Contract

Trust Property Management Group plc (`Trust' or `the Company')         

                       New contract and issue of equity                        

Trust Property Management Group plc, the AIM listed property management and
chartered surveying services group, has, through its wholly owned subsidiary
Trust Property Management Limited, acquired a contract to manage a portfolio of
215 flats in north-west London from Safeland Investments Limited, a wholly
owned subsidiary of Safeland Plc (`Safeland'). Trust Property Management
Limited has agreed to pay Safeland Investments Limited £100,000 (plus VAT) in
consideration for the appointment. The properties, which under the terms of the
agreement Trust will manage for an 80 year period, are expected to generate an
annual fee income of approximately £70,000.

Trust CEO Benjamin Mire said,"As well as increasing the number of properties in
our management portfolio and strengthening our fee income, this agreement also
reinforces our mutually beneficial relationship with Safeland."

Issue of equity

Safeland has subscribed in cash for, and been allotted, 1,111,111 new ordinary
shares of 1 pence each in the Company (the `Shares'), at a price of 9p per
share. Application will shortly be made to the London Stock Exchange for the
Shares to be admitted to trading on AIM. Trading is expected to commence on 24
April 2008. The Shares will rank pari passu with the existing ordinary shares
in the Company.

Subsequent to the issue of the Shares, the enlarged issued share capital of the
Company will comprise of 37,693,748 ordinary shares of 1 pence each.

Larry Lipman, a director of the Company, is also a director of, and shareholder
of Safeland.

                                 * * ENDS * *                                  

For further information visit www.tpmgroupplc.co.uk or contact:

Julian Finegold, Director                                    Tel: [phone]
                                                                               
Trust Property Management Group Plc                                            
                                                                               
Liam Murray, Nominated Adviser                               Tel: [phone]
                                                                               
Dowgate Capital Advisors Limited                                               
                                                                               
David Morgan / David Coffman                                 Tel: [phone]
                                                                               
IAF Securities Limited                                                         
                                                                               
Isabel Crossley / Susie Callear                              Tel: [phone]
                                                                               
St Brides Media and Finance                                                    

Note to Editors:

Trust Property Management Group plc, which floated on AIM in March 2007, is a
provider of professional property management and chartered surveying services,
with over 14,000 residential and commercial units under management. The
management believe that the Company is well positioned to take advantage of the
fragmented property management and surveying market through the consolidation
of its four key subsidiaries: Trust Property Management Limited, which
undertakes residential property management services; Dexter Brown Limited which
sources and manages commercial investment property; Trust Credit Services
Limited, which is a licensed credit facilities provider enabling tenants to
spread cost of ground rents and service charges; and Skylon Limited, which
provides a wide range of chartered surveying services.

The Company has a highly experienced management team including David Glass, the
founder of David Glass Associates which floated on AIM in November 1995;
Benjamin Mire, a Chairman of the Leasehold Valuation Tribunal and former
Director at Lee Baron Commercial Limited; Dr Julian Finegold, co-founder of
Trust Property Management Limited and former business and sales manager at IBM
UK; Larry Lipman, a well-known entrepreneur in the property sector and Trevor
Brown, founder of niche commercial property management company Dexter Brown
Limited, which was acquired by the Company in October 2007.

Safeland Plc, established in 1986 by Raymond Lipman and his family, specialises
in property trading, refurbishment, development and investment. Its core
business consists of investing in, developing, and managing property in the UK
and Europe, primarily focussing on commercial and residential properties in and
around London. Its managing director, Larry Lipman, is also on the main board
of Trust.