Purchase of Own Securities

TR Property Investment Trust PLC
24 January 2001

TR PROPERTY INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

24 JANUARY 2001



                       TR PROPERTY INVESTMENT TRUST PLC




                   Market Purchase of Company's Own Shares



Notification is given that pursuant to the authority granted at the Annual
General Meeting of the Company held on 20 July 2000 to make market purchases
of the Company's own shares of 25p, a market purchase of 2,000,000 ordinary
shares of 25p each in the capital of the Company was made today at a price of
60.75p per share.


Following this purchase and cancellation there will be 439,988,893 shares in
issue.




                                    -ENDS-

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]