Dividend Declaration

12 May 2005 12:00

Teesland Advantage Property Inc Tst12 May 2005 TEESLAND ADVANTAGE PROPERTY INCOME TRUST LIMITED (THE "COMPANY") DIVIDEND DECLARATION The Directors have declared a first interim dividend of 0.908 pence per eachOrdinary Share in respect of the financial year ended 31 December 2005. Thisdividend will be payable on Tuesday 31 May 2005 to holders on record Friday 20May 2005. The corresponding ex-dividend date will be Wednesday 18 May 2005. For further information contact: Anson Fund Managers LimitedCompany Secretary Tel: Guernsey 01481 722260 12 May 2005 This information is provided by RNS The company news service from the London Stock Exchange