Net Asset Value(s)

TR Property Investment Trust PLC
01 May 2007



TR PROPERTY INVESTMENT TRUST PLC


1 May 2007


NET ASSET VALUE


As at close of business on 30 April 2007, the unaudited net asset value per
share calculated in accordance with the AIC formula (excluding current financial
year revenue items) was 280.4p and the net asset value per share including debt
market at fair value was 278.3p.


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