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Result of AGM

15 Jun 2005 16:00

Teesland Advantage Property Inc Tst15 June 2005 TEESLAND ADVANTAGE PROPERTY INCOME TRUST LIMITED (the "Company") RESULT OF ANNUAL GENERAL MEETING At the Annual General Meeting of the Company held today, 15 June 2005, it wasresolved to renew the authority of the Company for the purposes of The Companies(Purchase of Own Shares) Ordinance 1998 to make market purchases of its OrdinaryShares on the five terms set out in the Notice of Meeting for this meeting. A copy of the above special resolution has been submitted to the UK ListingAuthority and will shortly be available for inspection at the UK ListingAuthority's Document Viewing Facility, which is situated at: Financial Services Authority25 The North ColonnadeCanary WharfLondonE14 5HS Tel. No. 0207 676 1000 For further information contact: John R Le Prevostfor Anson Fund Managers LimitedCompany Secretary Tel: Guernsey 01481 722260 15 June 2005 This information is provided by RNS The company news service from the London Stock Exchange

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