Purchase of Own Securities

TR Property Investment Trust PLC
09 May 2003

TR PROPERTY INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

9 MAY 2003





                        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 25 July 2002 to make market purchases of
the Company's own shares of 25p, a market purchase of 350,000 ordinary shares of
25p each in the capital of the Company was made today at a price of 62.25p per
share.


Following this purchase and cancellation there will be 416,144,500 shares in
issue.




                                     -ENDS-

For further information please contact:

C M Turner

Fund Manager, TR Property Investment Trust PLC

Telephone: [phone]


Stephen Westwood

Head of Investment Trusts, Henderson Global Investors

Telephone: [phone]


Stephen Phillips

Investor Relations Manager, Henderson Global Investors

Telephone: [phone]


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