Net Asset Value(s)

TR PROPERTY INVESTMENT TRUST PLC

26^th November 2018

NET ASSET VALUES

Ordinary Shares

As at close of business on 23^rd November 2018, the unaudited net asset value per Ordinary share including current financial year revenue items was 398.5p (and 398.3p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 387.5p (and 387.3p including debt marked at fair value).

LEI: 549300BPGCCN3ETPQD32