TAP.L Regulatory News (TAP)

7 May 2008 10:00

Teesland Advantage Property Inc Tst07 May 2008 NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to theshares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.(2) An issuer making a notification in respect of a derivative relating theshares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.(4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes should in block capital letters. 1. Name of issuer TEESLAND ADVANTAGE PROPERTY INCOME TRUST LIMITED 2. State whether the notification relates to (i) a transaction notification in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) THE NOTIFICATION RELATES TO A TRANSACTION NOTIFIED IN ACCORDANCE WITH DR 3.1.4R(1)(a); 3. Name of person discharging managerial responsibilities/director CHRISTOPHER CARTER KEALL 4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES 5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest DISCLOSURE RELATES TO A HOLDING ON BEHALF OF THE PERSON NAMED IN BOX 3 ABOVE 6. Description of shares (including class), instruments relating to shares ORDINARY SHARES ISIN : GB00B05LNH59 7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them CHRISTOPHER CARTER KEALL 8. State the nature of the transaction interest PURCHASE 9. Number of shares, debentures or financial instruments relating to shares acquired 8,050 shares 10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) 0.01 % 11. Number of shares, debentures or financial instruments relating to shares disposed N/A 12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A 13. Price per share or value of transaction EACH SHARE LISTED IN BOX 9 WAS BOUGHT AT £ 0.62339 14. Date and place of transaction 2 MAY 2008, LONDON 15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) N/A 16. Date issuer informed of transaction 6 MAY 2008 If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17. Date of Grant 18. Period during which or date on which it can N/A be exercised N/A 19. Total amount paid (if any) for 20. Description of shares or grant of the debentures involved option (class and number) N/A N/A 21. Exercise price (if fixed at time of 22. Total number of shares or grant) or debentures over indication that price is to be which options held following fixed at the time notification of exercise N/A N/A 23. Any additional information 24. Name of contact and telephone number for N/A Queries ANSON FUND MANAGERS LIMITED SECRETARY 01481 722260 Name and signature of duly authorised officer of issuer responsible for makingnotification ANSON FUND MANAGERS LIMITEDSECRETARY Date of notification 7 MAY 2008 E&OE - In Transmission END OF ANNOUNCEMENT This information is provided by RNS The company news service from the London Stock Exchange