Net Asset Value(s)

TR Property Investment Trust PLC
21 December 2007

TR PROPERTY INVESTMENT TRUST PLC





21st December 2007



NET ASSET VALUES



Ordinary Shares



As at close of business on 20th December 2007, the unaudited net asset value per
ordinary share calculated in accordance with the AIC formula (excluding current
financial year revenue items) was 199.6p and the net asset value per ordinary
share including debt market at fair value was 197.6p.



Sigma Shares



As at close of business on 20th December 2007, the unaudited net asset value per
Sigma share calculated in accordance with the AIC formula (excluding current
financial year revenue items) was 96.9p and the net asset value per Sigma share
including debt market at fair value was 95.9p






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