Purchase of Own Securities

TR Property Investment Trust PLC
11 May 2001

TR PROPERTY INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

11 MAY 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, market purchases of 525,000 ordinary
shares of 25p each in the capital of the Company were made today at a price of
60.25p per share.


Following this purchase and cancellation there will be 430,963,893 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]