Dividend Declaration

RNS Number:5742Z
UK Balanced Property Trust Ltd(The)
03 July 2007


                     THE UK BALANCED PROPERTY TRUST LIMITED
                     (Registered in Guernsey - Number 39171)

                             Administrative Office:

                C/o BUTTERFIELD FUND SERVICES (GUERNSEY) LIMITED
        P.O. BOX 211, REGENCY COURT, GLATEGNY ESPLANADE, ST. PETER PORT,
                      GUERNSEY, GY1 3NQ, CHANNEL ISLANDS.
                          ___________________________

                          TELEPHONE:  + 44 1481 720321
                          FACSIMILE:  + 44 1481 716117
                            e-mail:  [e-mail]


Immediate Announcement
                                                              3 July 2007
Interim Dividend

The UK Balanced Property Trust Limited today announces the first interim
dividend payment for the financial year 2007/2008 to shareholders at 1.8750
pence per share paid on the following dates:

Ex-Dividend Date      -           11 July 2007

Record Date           -           13 July 2007

Pay Date              -           25 July 2007

This is the first interim dividend payment in respect of the year ending 31
March 2008 from the Trust.  As announced by the Board on 15 February 2007, this
interim dividend represents an increase of 5.3% over the previous interim
dividends of 1.78125p per share.


All Enquiries:

The Company Secretary
Butterfield Fund Services (Guernsey) Limited
PO Box 211
Regency Court
Glategny Esplanade
St Peter Port
Guernsey
GY1 3NQ

Tel: [phone]
Fax: [phone]







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