Taliesin Property Fund Limited

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Taliesin Property Fund Limited

("Taliesin" or the "Company")

Transaction by a Director

The Company has been notified that Nigel Le Quesne, the Company's Chairman, has today purchased 4,200 ordinary shares of no par value ("Ordinary Shares") at £12 per share.  Following the purchase, Mr Le Quesne has a holding in the Company of 4,200 Ordinary Shares, representing 0.11 per cent. of the Company's current issued share capital (excluding treasury shares).

For further information, please contact:

Taliesin Property Fund Limited

Mark Smith, Director 01534 700 000

Westhouse Securities Limited

Alastair Moreton / Darren Vickers 020 7601 6118


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