Holding(s) in Company

ISIS Property Trust 2 Limited
08 December 2005


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

ISIS Property Trust 2 Limited

2. Name of shareholder having a major interest

F&C Asset Management plc

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

As 2

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Citifriends Nominees Limited 1,776,000
Citifriends Nominees Limited 15,180,000
Chase Nominees Limited 6,100,750

5. Number of shares / amount of stock acquired

1,500,000

6. Percentage of issued class

1.357%

7. Number of shares / amount of stock disposed

n/a

8. Percentage of issued class

n/a

9. Class of security

Ordinary

10. Date of transaction

7/12/2005

11. Date company informed

8/12/2005

12. Total holding following this notification

23,056,750

13. Total percentage holding of issued class following this notification

20.87%

14. Any additional information

n/a

15. Name of contact and telephone number for queries

Tony Morvan 01481 745338

16. Name and signature of authorised company official responsible for making
this notification

Northern Trust as Company Secretary

17. Date of notification

8/12/2005

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