Net Asset Value(s)

TR PROPERTY INVESTMENT TRUST PLC

21^st February 2018

NET ASSET VALUES

Ordinary Shares

As at close of business on 20^th February 2018, the unaudited net asset value per Ordinary share including current financial year revenue items was 383.2p  (and 382.9p  including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 376.9p (and 376.6p including debt marked at fair value).

LEI: 549300BPGCCN3ETPQD32