Net Asset Value(s)

TR Property Investment Trust PLC
12 December 2007


TR PROPERTY INVESTMENT TRUST PLC

12th December 2007

NET ASSET VALUES

Ordinary Shares

As at close of business on 11th December 2007, the unaudited net asset value per
ordinary share calculated in accordance with the AIC formula (excluding current
financial year revenue items) was 213.6p and the net asset value per ordinary
share including debt market at fair value was 211.6p.

Sigma Shares

As at close of business on 11th December 2007, the unaudited net asset value per
Sigma share calculated in accordance with the AIC formula (excluding current
financial year revenue items) was 103.9p and the net asset value per Sigma share
including debt market at fair value was 103.0p


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