Dividend Declaration-Replace

Insight Foundation Property Tst Ltd
19 July 2005




Insight Foundation Property Trust Limited
19 July 2005

Further to the announcement made on 19 July 2005 at 13.15, RNS number 0489P, the
Net Asset Value should have been as at 30 June 2005 not 31 March 2005, as
stated. The full amended text is set out below.


Announcement of NAV and fourth interim dividend



Insight Foundation Property Trust Limited is pleased to announce a Net Asset
Value of 106.4 pence per share as at 30 June 2005 and a fourth interim dividend
payment of 1.6875 pence per share in respect of the period 1 April 2005 to 30
June 2005.

The dividend payment will be made on 12 August 2005 to shareholders on the
register on 29 July 2005. The ex-dividend date will be 27 July 2005.


Enquiries: -

Duncan Owen (Insight Investment Management)     020 7321 1677
Paul Smith / Jeff Lanyon (RBSI)                 01481 740 820
Stephanie Highett / Dido Laurimore
(Financial Dynamics )                           020 7831 3113


END



                      This information is provided by RNS
            The company news service from the London Stock Exchange