Transaction in Own Shares

TR Property Investment Trust PLC
10 December 2007

TR PROPERTY INVESTMENT TRUST PLC

7 December 2007


                        TR PROPERTY INVESTMENT TRUST PLC

                    Market Purchase of Company's Own Shares


Notification was given that pursuant to the authority granted at the
Extraordinary General Meeting of the Company held on 24 July 2007 to make market
purchases of the Company's own Sigma shares of 12.5p, a market purchase of
1,000,000 Sigma shares of 12.5p each in the capital of the Company was made on 7
December at an average price of 80.5p per share.

Notification was also given that pursuant to the authority granted at the Annual
General Meeting of the Company held on 24 July 2007 to make market purchases of
the Company's own Ordinary shares of 25p, a market purchase of 100,000 Ordinary
shares of 25p each in the capital of the Company was made on 7 December at an
average price of 182.5p per share.

Following these purchases and cancellations there will be 260,350,000 Ordinary
shares of 25p each and 127,930,000 Sigma shares of 12.5p each in issue.

The capital of the Company with full voting rights is now 388,280,000. This
figure may be used as the denominator for calculations of interests in the
Company's voting rights.


                                     -ENDS-


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