BREI.L Regulatory News (BREI)

7 Aug 2007 13:25

ISIS Property Trust 2 Limited07 August 2007 This announcement was originally released under the headline "Net Asset Value(s)" on 12 July 2007. To: Company AnnouncementsDate: 12 July 2007Company: ISIS Property Trust 2 Limited Subject: Net Asset Value and Dividend Net Asset Value The unaudited Net Asset Value per share of ISIS Property Trust 2 Limited as at30 June 2007 was 159.6 pence (31 March 2007: 154.7 pence), an increase of 3.2%for the quarter. This Net Asset Value incorporates the external portfoliovaluation prepared by Debenham Tie Leung Limited ("DTZ")as at 30 June 2007. The Net Asset Value attributable to the Ordinary Shares is calculated underInternational Financial Reporting Standards ("IFRS"). It includes all currentyear income and is calculated after the deduction of dividends paid prior to 30June 2007, but does not include provision for the quarterly interim dividendwhich is expected to be paid in September 2007. The property portfolio will next be valued by DTZ during September 2007 and theNet Asset Value per share as at 30 September 2007 will be issued in October2007. Interim Dividend After taking account of rental growth achieved since launch, combined with theinterest rate savings achieved from the loan refinancing in January 2007, theBoard has taken the decision to increase the fourth interim dividend by 4.6% to1.81 pence per share, giving a total dividend for the year ended 30 June 2007 of7.00 pence per share. In the absence of material change in circumstances, it isthe intention of the Company to maintain the quarterly dividend at 1.80 penceper share, giving a total dividend for the year ending 30 June 2008 of 7.2 penceper share. Ex-Dividend Date - 5 September 2007 Record Date - 7 September 2007 Payment Date - 28 September 2007 All Enquiries: The Company SecretaryNorthern Trust International Fund Administration Services (Guernsey) LimitedTrafalgar CourtLes BanquesSt Peter PortGuernseyGY1 3QL Tel: 01481 745001Fax: 01481 745051 Ian McBrydeScott MacraeF&C Investment Business Ltd Tel: 0207 628 8000Fax: 0131 225 2375 This information is provided by RNS The company news service from the London Stock Exchange