Holding in Company

TR Property Investment Trust PLC
1 August 2000



Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
TR PROPERTY INVESTMENT TRUST PLC

2   Name of shareholder having a major interest:
HERMES INVESTMENT MANAGEMENT

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:
AS IN 2 ABOVE

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
BRITEL FUND NOMINEES LTD - 61,442,974
CHASE NOMINEES LTD - 641,703
POSSFUND NOMINEES LTD - 35,902,019
TOTAL - 97,916,696

5   Number of shares/amount of stock acquired:
-

6   Percentage of issued class:
-

7   Number of shares/amount of stock disposed:
NOT NOTIFIED

8   Percentage of issued class:
-

9   Class of security:
ORDINARY 25P SHARES

10  Date of transaction:
NOT NOTIFIED

11  Date company informed:
1 AUGUST 2000

12  Total holding following this notification:
97,916,696

13  Total percentage holding of issued class following this notification:
21.55%

14  Contact name for queries:
MR N P TAYLOR

15 Contact telephone number:
020 7410 4468

16  Name of company official responsible for making notification:
MR N P TYALOR, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED
SECRETARY

17  Date of notification:
1 AUGUST 2000





Additional Information: