Dividend Declaration

3 May 2007 13:00

Teesland Advantage Property Inc Tst03 May 2007 3 May 2007 Teesland Advantage Property Income Trust Limited ("TAP" or the "Company") DIVIDEND DECLARATION The Directors have declared a first interim dividend of 1.625 pence per eachOrdinary Share in respect of the financial year ended 31 December 2007. Thisdividend will be payable on Thursday 31 May 2007 to holders of record Friday 11May 2007. The corresponding ex-dividend date will be Wednesday 9 May 2007. For further information contact: Mark Carrington, Teesland Plc 020 7659 6666 Brett Robinson, Teesland Plc 020 7659 6666 Jeremy Carey/ Richard Sunderland, Tavistock Communications Ltd 020 7920 3150 Anson Fund Managers Limited, Company Secretary 01481 722260 E&OE - in transmission This information is provided by RNS The company news service from the London Stock Exchange