RNS Number:3640Q
Pillar Property PLC
30 September 2003


30 September 2003



                    PILLAR - HOLDING IN TRUSTS & UNIT VALUES



Pillar Property PLC ("Pillar") announces that as at 29 September 2003, its
holding in the following trusts and their unit values were as follows:

               Portfolio valuation     Net unit value    Net unit value      Pillar        Pillar      Pillar
                     #million            September          August           Share         Share       share
                                                    #                 #    September     September     August
                                                                          No of units    % holding           %
                                                                                                      holding

 Hercules Unit              1,948.6               725               701        578,115        40.29      40.29
       Trust

City of London                625.1               472               473        151,326        35.94      35.94
   Office Unit
       Trust


Details of the properties held in each trust are available at
www.pillarproperty.com.


Enquiries:

Pillar Property plc                               Tel: 020 7915 8000
Humphrey Price, Finance Director

Gavin Anderson and Company                        Tel: 020 7554 1400

Charlotte Stone




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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