Net Asset Value(s)

TR Property Investment Trust PLC
16 February 2007


TR PROPERTY INVESTMENT TRUST PLC

16 February 2007


TR PROPERTY INVESTMENT TRUST PLC

As at close of business on 15 February 2007, the unaudited net asset value per
share calculated in accordance with the AIC formula (excluding current financial
year revenue items) was 294.6p and the net asset value per share including debt
marked at fair value was 292.3p.

                                    - ENDS -


For further information, please call:

Graham Hunnisett

Investment Trust Accounting Department

BNP Paribas Fund Services UK Limited

Tel: [phone]


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