Acquisition of OfficeProperty

Insight Foundation Property Tst Ltd
31 March 2005




Insight Foundation Property Trust Limited

Completion of the Acquisition of an office property

The Insight Foundation Property Trust Limited ('IFPT') announces that on the
30th March 2005 it completed the acquisition of the office property in Brighton
referred to in the announcement of the 24th March 2005.

Enquiries:
Duncan Owen (Insight Investment Management) 0207 321 1676
Paul Smith / Jeff Lanyon (RBSI) 01481 740 820




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