Holding(s) in Company

Westbury Property Fund Limited
26 September 2007


TR-1 Notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing      The Westbury Property Fund Limited
shares to which voting rights are attached:


2. Reason for the notification     (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):  Change to the number of voting rights in issue      x


3. Full name of person(s) subject to the notification               Aviva plc & its subsidiaries
obligation:


4. Full name of shareholder(s) (if different from 3.):
                                                                 Registered Holder:

                                                                 BNY Norwich Union Nominees Limited
                                                                 1,395,342*

                                                                 Chase GA Group Nominees Limited
                                                                 3,448,216*
                                                                 Chase Nominees Limited  194,600*

                                                                 CUIM Nominee Limited  1,182,027*

                                                                 * denotes direct interest

                                                                 Chase Nominees Limited  188,044

                                                                 Vidacos Nominees Limited 31,900


5. Date of the transaction (and date on which the threshold is   21 September 2007
crossed or reached if different)(:


6. Date on which issuer notified:                                25 September 2007


7. Threshold(s) that is/are crossed or reached:                  Change at combined interest 
                                                                 level from 6% to 4%

8. Notified details:



A: Voting rights attached to shares

Class/type of   Situation previous to Resulting situation after the triggering transaction
shares          the Triggering
                transaction
 if possible    Number of  Number of  Number of   Number of voting rights ix   % of voting rights
using the ISIN  Shares     Voting     shares
CODE                       Rights
                           viii       Direct      Direct  x      Indirect xi   Direct        Indirect


Ordinary Shares


GB00B03HDJ73    6,368,329  6,368,329  6,220,185   6,220,185      219,944       3.87%         0.14%


B: Financial Instruments

Resulting situation after the triggering transaction xii
Type of financial    Expiration     Exercise/ Conversion      Number of voting rights     % of voting
instrument           date xiii      Period/ Date xiv          that may be acquired if the rights
                                                              instrument is exercised/
                                                              converted.
N/A

Total (A+B)
Number of voting rights                             % of voting rights
6,440,129                                           4.01%


   9. Chain of controlled undertakings through which the voting rights and/or the financial instruments
   are effectively held, if applicable xv:
                                               See Section 4

   Proxy Voting:

   10. Name of the proxy holder:                                    See Section 4

   11. Number of voting rights proxy holder will cease to hold:

   12. Date on which proxy holder will cease to hold voting rights:

   13. Additional information:               Figures are based on a revised total number of voting
                                             rights of 160,625,401.

   14. Contact name:                         Neil Whittaker

   15. Contact telephone number:             01603 684420



Annex Notification Of Major Interests In Shares

B:        Identity of the notifier, if applicable
Full name                                                  Melanie Torode
Contact address                                            PO Box 327, Suite 4, Albert House, South
                                                           Esplanade, St Peter Port, Guernsey, GY1 3TX
Phone number                                               01481 735542
Other useful information (e.g. functional relationship     Company Secretary, Assura Administration
with the person or legal entity subject to the             Limited, as Secretary
notification obligation)




                      This information is provided by RNS
            The company news service from the London Stock Exchange END

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