Dividend Declaration

ISIS Property Trust 2 Limited
09 March 2006


To:         Company Announcements

Date:       9 March 2006

Company:    ISIS Property Trust 2 Limited


Subject:    Interim Dividend


Interim Dividend


ISIS Property Trust 2 Limited today announces a second interim dividend in
respect of the year ending 30 June 2006, of 1.6875 pence per share, as follows:


Ex-Dividend Date - 15 March 2006

Record Date - 17 March 2006

Payment Date - 31 March 2006

All Enquiries:

The Company Secretary

Northern Trust International Fund Administration Services (Guernsey) Limited

Trafalgar Court

Les Banques

St Peter Port

Guernsey

GY1 3QL


Tel: [phone]

Fax: [phone]











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