RNS Number:6387Z
Westbury Property Fund Limited
10 June 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.     Name of company

       The Westbury Property Fund Limited

2.     Name of shareholder having a major interest

       Leopold Joseph & Sons Limited

3.     Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 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.

       Leopold Joseph & Sons Limited

4.     Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them
       Security Services Nominees Limited 16,667
       Credit Suisse First Boston (Europe) Limited 88,667
        HSBC Global Custody Nominees (UK) Limited 605,267
5.     Number of shares/amount of stock acquired

       Not stated

6.     Percentage of issued class

       Not stated

7.     Number of shares/amount of stock disposed

       N/A

8.     Percentage of issued class

       N/A

9.     Class of security

       Income shares

10.    Date of transaction

       Not stated

11.    Date company informed

       10 June 2004

12.    Total holding following this notification

       710,601

13.    Total percentage holding of issued class following this notification

       3.4%

14.    Any additional information
        Share shares are managed on a discretionary basis
15.    Name of contact and telephone number for queries

       Serena Tremlett 01481 715601

16.    Name and signature of authorised company official responsible for making this notification.

       Serena Tremlett

Date of notification: 10 June 2004




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

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