TAP.L Regulatory News (TAP)

23 May 2007 10:00

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 Limited to which voting rights are attached: 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An event changing the breakdown of voting rights Other (please specify): Appointment as shareholder's proxy for Annual X General Meeting on 23 May 2007. 3. Full name of person(s) subject to Chairmanthe notification obligation: 4. Full name of shareholder(s) (if Numerousdifferent from 3.): 5. Date of the transaction (and date 23 May 2007on which the threshold is crossed or reached if different): 6. Date on which issuer notified: 23 May 2007 7. Threshold(s) thatis/are crossed orreached: 30% 8. Notified details: A: Voting rights attached to sharesClass/type Situation previous to Resulting situation after the triggeringof shares the Triggering transaction transactionif possibleusing the Number Number of Number Number of voting % of votingISIN CODE of Voting Rights of rights rights Shares shares Direct Direct Indirect Direct IndirectOrdinary Nil Nil 45,085,828 31.58%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 45,085,828 31.58% 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: Chairman 11. Number of voting rights proxy holder will cease tohold: 45,085,828 12. Date on which proxy holder will cease to hold voting rights: 23 May 2007 13. Additional information: 14. Contact name: Anson Fund Managers Limited 15. 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