Report and Accounts

TR Property Investment Trust PLC
1 July 2002


TR PROPERTY INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

1 JULY 2002




                        TR PROPERTY INVESTMENT TRUST PLC


              Report and Accounts for the year ended 31 March 2002

                              and Warrant Circular




A copy of each of the above documents has been submitted to the UK Listing
Authority and will shortly be available for inspection at the UKLA's Document
Viewing Facility, which is situated at:


Financial Services Authority

25 The North Colonnade

Canary Wharf

London E14 5HS


Tel: [phone]


                                    - ENDS -



For further information please contact :

Chris Turner, Fund Manager

TR Property Investment Trust PLC

Telephone : [phone]





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