WPFI Westbury Inc

RNS Number:0495O
Westbury Property Fund Limited
27 June 2005


THE WESTBURY PROPERTY FUND LIMITED

Venture Portfolio Disposal

Reality Buildings, Edmonton

The Westbury Property Fund Limited ('the Company') has disposed of its interest
in WPL Estates Limited ("WPL"), a Joint Venture Company established with
Carillion Holdings Limited in October 2004 to acquire the freehold interest in
the Reality Buildings in Edmonton.

This industrial property, fronting the North Circular Road, was acquired for
#7.15 million. The sale price reflects an underlying property value of #9.18
million. This has generated a net profit after all costs to the Company of #0.75
million based on an initial investment of #1.14 million made in October 2004.

This is the Company's second profitable realisation of an investment held in the
Venture Portfolio, generating a significant return over a nine month period.


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