Holding(s) in Company

TR Property Investment Trust PLC
11 June 2002


                                  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 the registered holder(s) and, if more than one holder, the
number of shares held by each of them

BRITEL FUND NOMINEES LIMITED - 44,291,359

POSSFUND NOMINEES LIMITED - 1,711,039

CHASE NOMINEES LIMITED - 575,560

TOTAL - 46,577,958

(STOCK ON LOAN: 853,971)



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

11 JUNE 2002


12) Total holding following this notification

46,577,958


13) Total percentage holding of issued class following this notification

BRITEL FUND NOMINEES LIMITED - 10.63%

POSSFUND NOMINEES LIMITED - 0.41%

CHASE NOMINEES LIMITED - 0.14%

TOTAL - 11.18%


14) Any additional information

-

15) Name of contact and telephone number for queries

MR J S ELLMAN-BROWN, 020 7818 6816


16) Name and signature of authorised company official responsible for
making this notification

MR JOHN ELLMAN-BROWN, FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES
LIMITED, SECRETARY


Date of notification 11 JUNE 2002


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