Transaction in Own Shares

TR Property Investment Trust PLC
01 May 2008

TR PROPERTY INVESTMENT TRUST PLC

1 May 2008





                        TR PROPERTY INVESTMENT TRUST PLC

                    Market Purchase of Company's Own Shares



Notification was given that pursuant to the authority granted at the Annual
General Meeting of the Company held on 24 July 2007 to make market purchases of
the Company's own Ordinary shares of 25p, a market purchase of 100,000 Ordinary
shares of 25p each in the capital of the Company was made on 1 May 2008 at an
average price of 175.75pence per share.

Following this purchase and cancellation there will be 257,650,000 Ordinary
shares of 25p each and 127,680,000 Sigma shares of 12.5p each in issue.

The capital of the Company with full voting rights is now 385,330,000. This
figure may be used as the denominator for calculations of interests in the
Company's voting rights.

Shareholders are reminded that on a poll vote, the total number of votes cast is
calculated according to the NAV per ordinary share and the NAV per Sigma share.



                                     -ENDS-




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