Purchase of Own Securities

TR Property Investment Trust PLC
19 September 2001

TR PROPERTY INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

19 SEPTEMBER 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 26 July 2001 to make market purchases
of the Company's own shares of 25p, a market purchase of 800,000 ordinary
shares of 25p each in the capital of the Company was made today at a price of
56.00p per share.

Following this purchase and cancellation there will be 426,599,673 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]