Net Asset Value(s)

TR PROPERTY INVESTMENT TRUST PLC

1^st May 2020

NET ASSET VALUES

Ordinary Shares

As at close of business on 30^th April 2020, the unaudited net asset value per Ordinary share including current financial year revenue items was 365.3p (and 365.0p including debt marked at fair value). The unaudited net asset value excluding current financial year revenue items was 354.8p (and 354.5p including debt marked at fair value).

LEI: 549300BPGCCN3ETPQD32