Net Asset Value(s)

TR PROPERTY INVESTMENT TRUST PLC

26^th February 2019

NET ASSET VALUES

Ordinary Shares

As at close of business on 25^th February 2019, the unaudited net asset value per Ordinary share including current financial year revenue items was 399.5p (and 399.2p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 392.6p (and 392.3p including debt marked at fair value).

LEI: 549300BPGCCN3ETPQD32