Director Declaration

ISIS Property Trust 2 Limited
06 July 2007



To:      Company Announcements
Date:    06 July 2007
Company: ISIS Property Trust 2 Limited

Subject: Director Declaration


Director Declaration

In accordance with the requirements of the London Stock Exchange Listing Rule
9.6.14, ISIS Property Trust 2 Limited announces that Mr Chris Sherwell, a non -
executive director has informed the company that,

Thames River Kingsway Plus Fund Limited, of which he is a non-executive
director, was listed on the Irish Stock Exchange on 2 July 2007


All Enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Trafalgar Court
Les Banques
St Peter Port
Guernsey
GY1 3QL

Tel: [phone]
Fax: [phone]

Ian McBryde
Scott Macrae
F&C Investment Business Ltd
Tel: [phone]
Fax: [phone]




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