Purchase of Own Securities

TR Property Investment Trust PLC
14 February 2000

                             
          Market Purchase of Company's Own Shares

Notification  is  given  that  pursuant  to  the  authority
granted  at an Extraordinary General Meeting of the Company
held  on  22  July  1999 to make market  purchases  of  the
Company's  own shares of 25p, a market purchase of  100,000
ordinary  shares of 25p each in the capital of the  Company
was made today at a price of 40.00p per share.

Following this purchase and cancellation there will be
459,773,222 shares in issue.


For further information please contact:

C M Turner
Fund Manager
Henderson Investors Limited
Telephone: [phone]

Stephen Westwood
Henderson Investors Limited
Telephone: [phone]

Vicki Staveacre
Henderson Investors Press Office
Telephone: [phone]