Purchase of Own Securities

TR Property Investment Trust PLC
8 March 2002



TR PROPERTY INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

8 MARCH 2002



                        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 8,500,000 ordinary shares
of 25p each in the capital of the Company was made today at a price of 62.5p per
share.

Following this purchase and cancellation there will be 417,099,673 shares in
issue.


                                     -ENDS-

For further information please contact:

C M Turner

Fund Manager, TR Property Investment Trust PLC

Telephone: [phone]

Stephen Westwood

Henderson Global Investors

Telephone: [phone]

Vicki Staveacre

Corporate Affairs, Henderson Global Investors

Telephone: [phone]



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