27th Apr 2006 16:45
Teesland Advantage Property Inc Tst27 April 2006 TEESLAND ADVANTAGE PROPERTY INCOME TRUST LIMITED (the "Company") NET ASSET VALUE PER SHARE Teesland Advantage Property Income Trust Limited is pleased to announce anunaudited net asset value per Ordinary share of 108.3 pence as at 31 March 2006,which incorporates the valuation of the property portfolio as at the same date.The net asset value per share is calculated in accordance with InternationalAccounting Standards. This result means that, in effect, all of the property acquisition costsassociated with the recent purchase of the £79 million of additional propertiesacquired in conjunction with the C share placing have been more than recoveredwithin one quarter. For further information contact: Anson Fund Managers LimitedCompany Secretary Tel: Guernsey 01481 722260 27 April 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TAP.L