Dividend Declaration

ISIS Property Trust 2 Limited
18 September 2006


To:      Company Announcements
Date:    18 September 2006
Company: ISIS Property Trust 2 Limited


Subject: Dividend Declaration


Interim Dividend

As stated earlier today within the Results announcement, ISIS Property Trust 2
Limited today announces the first interim dividend in respect of the financial
year ended 30 June 2007, at an increased rate of 1.73 pence per share as
follows:

Ex-Dividend Date      - 6 December 2006

Record Date           - 8 December 2006

Payment Date          - 22 December 2006


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]


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