TAP.L Regulatory News (TAP)

23 May 2007 15:00

Teesland Advantage Property Inc Tst23 May 2007 TR-1: Notification of Major Interests in Shares 1. Identity of the issuer or the Teesland Advantage Property underlying issuer of existing shares Income Trust Limitedto which voting rights are attached: 2. Reason for the notification (please tick the appropriate box orboxes) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result X in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify):___________________________________________ 3. Full name of person(s) subject to KBC Peel Hunt Ltdthe notification obligation: 4. Full name of shareholder(s) (ifdifferent from 3.): 5. Date of the transaction (and date 16 May 2007on which the threshold is crossed or reached if different): 6. Date on which issuer notified: 18 May 2007 7. Threshold(s) that is/are crossed or reached: 10% 8. Notified details: A: Voting rights attached to sharesClass/type Situation previous to the Resulting situation after of shares Triggering transaction the triggering transactionif possibleusing the Number of Number of Number of Number of voting % of votingISIN CODE Shares Voting Rights shares rights rights Direct Direct Indirect Direct IndirectOrdinary 14,656,571 14,656,571 16,935,406 16,935,406 11.86%SharesGB00305LNH59 B: Financial InstrumentsResulting situation after the triggering transactionType of Expiration Exercise/ Number of voting rights that may % offinancial date Conversion be acquired if the instrument is votinginstrument Period/ Date exercised/ converted. rights Total (A+B)Number of voting rights % of voting rights 16,935,406 11.86% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Proxy Voting:10. Name of the proxy holder:11. Number of voting rights proxy holder will cease to hold:12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 11.78% held as hedge on contracts for differences14. Contact name: Anson Fund Managers Limited15. Contact telephone number: 01481 722260 23 May 2007 E&OE - in transmission This information is provided by RNS The company news service from the London Stock Exchange