Net Asset Value(s)

TR PROPERTY INVESTMENT TRUST PLC

15^th February 2018

NET ASSET VALUES

Ordinary Shares

As at close of business on 14^th February 2018, the unaudited net asset value per Ordinary share including current financial year revenue items was 380.4p (and 380.2p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 374.3p (and 374.0p including debt marked at fair value).

LEI: 549300BPGCCN3ETPQD32