Disposal

ISIS Property Trust 2 Limited
27 October 2006


To: RNS
From: ISIS Property Trust 2 Limited
Date: 27 October 2006


ISIS PROPERTY TRUST 2 LTD
DISPOSAL OF 99/103 LONG ACRE LONDON WC2

ISIS Property Trust 2 Ltd ('IPT2') on 26 October 2006 disposed of its retail
property at Long Acre, London, for £17.5M representing an initial yield of 3.7%.

The property was acquired by IPT2 on 1 June 2004 for a cost of £10.8M and its
valuation as at 30 September 2006 was £16.4M.




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]



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