Net Asset Value(s)

TR Property Investment Trust PLC
02 May 2008

TR PROPERTY INVESTMENT TRUST PLC





2nd May 2008



NET ASSET VALUES



Ordinary Shares



As at close of business on 1st May 2008, the unaudited net asset value per
ordinary share calculated in accordance with the AIC formula (excluding current
financial year revenue items) was 208.3p and the net asset value per ordinary
share including debt market at fair value was 206.5p.



Sigma Shares



As at close of business on 1st May 2008, the unaudited net asset value per Sigma
share calculated in accordance with the AIC formula (excluding current financial
year revenue items) was 103.0p and the net asset value per Sigma share including
debt market at fair value was 102.1p












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