RNS Number:4659Y
Westbury Property Fund Limited
15 February 2006


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

+----+-------------------------------------+---+------------------------------------------+
|1.  |Name of company                      |2. |Name of shareholder having a major        |
|    |                                     |   |interest                                  |
|    |                                     |   |                                          |
|    |                                     |   |                                          |
|    |The Westbury Property Fund Limited   |   |                                          |
|    |                                     |   |INVESCO PERPETUAL UK ICVC Series (UK ICVC)|
|    |                                     |   |                                          |
+----+-------------------------------------+---+------------------------------------------+
|3.  |Please state whether notification    |4. |Name of the registered holder(s) and, if  |
|    |indicates that it is in respect of   |   |more than one holder, the number of shares|
|    |holding of the shareholder named in 2|   |held by each of them                      |
|    |above or in respect of a             |   |                                          |
|    |non-beneficial interest or in the    |   |                                          |
|    |case of an individual holder if it is|   |                                          |
|    |a holding of that person's spouse or |   |                                          |
|    |children under the age of 18         |   |                                          |
|    |                                     |   |Vidacos Nominees Limited                  |
|    |                                     |   |                                          |
|    |                                     |   |                                          |
|    |-                                    |   |                                          |
|    |                                     |   |                                          |
+----+----------------+--+-----------------+---+---------------------+--+-----------------+
|5.  |Number of shares|6.|Percentage of    |7. |Number of shares/    |8.|Percentage of    |
|    |/amount of stock|  |issued class     |   |amount of stock      |  |issued class     |
|    |acquired        |  |                 |   |disposed             |  |                 |
|    |                |  |                 |   |                     |  |                 |
|    |                |  |                 |   |                     |  |                 |
|    |                |  |                 |   |                     |  |                 |
|    |200,000         |  |                 |   |                     |  |                 |
|    |                |  |                 |   |                     |  |-                |
|    |                |  |                 |   |-                    |  |                 |
+----+----------------+--+-----------------+---+---------------------+--+-----------------+
|                                                                                         |
+--+-------------------------------------+-------+-----------------+------+---------------+
|9.|Class of security                    |10.    |Date of          |11.   |Date company   |
|  |                                     |       |transaction      |      |informed       |
|  |                                     |       |                 |      |               |
|  |                                     |       |                 |      |               |
|  |Ordinary                             |       |                 |      |               |
|  |                                     |       |                 |      |15 FEBRUARY    |
|  |                                     |       |                 |      |2006           |
|  |                                     |       |13 FEBRUARY 2006 |      |               |
+--+-+-----------------------------------+-+-----+-+---------------+------+---------------+
|12. |Total holding following this         |13.    |Total percentage holding of issued    |
|    |notification                         |       |class following this notification     |
|    |                                     |       |                                      |
|    |                                     |       |14.11%                                |
|    |                                     |       |                                      |
|    |7,304,226                            |       |                                      |
+----+-------------------------------------+-------+--------------------------------------+
|                                                                                         |
+----+-------------------------------------+---+------------------------------------------+
|14. |Any additional information           |15.|Name of contact and telephone number for  |
|    |                                     |   |queries                                   |
|    |                                     |   |                                          |
|    |                                     |   |                                          |
|    |                                     |   |                                          |
|    |                                     |   |Melanie Torode                            |
|    |                                     |   |                                          |
|    |                                     |   |01481 747853                              |
|    |                                     |   |                                          |
|    |                                     |   |                                          |
|    |                                     |   |                                          |
|    |                                     |   |                                          |
+----+-------------------------------------+---+------------------------------------------+
|16. |Name and signature of authorised company official                                   |
|    |                                                                                    |
|    |responsible for making this notification                                            |
|    |                                                                                    |
|    |                                                                                    |
|    |                                                                                    |
|    |MELANIE TORODE                                                                      |
+----+------------------------------------------------------------------------------------+
|Date of notification 15 February 2006                                                    |
+--+-+----------------+--+---------------+-+---+-+-+---------------+-+--+-+---------------+


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

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Westbury Property Fund (LSE:WPFI)
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