RNS Number:5173H
Westbury Property Fund Limited
10 August 2006



                   NOTIFICATION OF MAJOR INTERESTS IN SHARES




1.    Name of company                               2.  Name of shareholder having a major interest



      The Westbury Property Fund Limited                Artemis Investment Management Limited


3.    Please state whether notification indicates   4.  Name of the registered holder(s) and, if more than
      that it is in respect of holding of the           one holder, the number of shares held by each of
      shareholder named in 2 above or in respect of     them
      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                                         MT Income Fund - 605,000
                                                        City of London Pension A/c - 643,500
      and certain of its subsidiary companies           Artemis High Income - 3,453,541
                                                        City of London Cash A/c - 1,150,875
                                                        BHS Senior Management Scheme - 148,500
                                                        BHS Pension Scheme - 550,000
                                                        Artemis Income - 8,237,857


5.    Number of shares/    6.  Percentage of issued 7.  Number of shares/amount   8. Percentage of issued
      amount of stock          class                    of stock disposed            class
      acquired



      -
                               -                        -                            -

9. Class of security                              10.    Date of transaction     11.   Date company
                                                                                       informed



                                                                                       10 august 2006
   Ordinary GBP 0.10                                     -


12.   Total holding following this notification     13.    Total percentage holding of issued class
                                                           following this notification

                                                           14.82%
      14,789,273



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  10 August 2006






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

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