Holding(s) in Company

RNS Number:2156T
Westbury Property Fund Limited
19 March 2007

     
TR-1:     NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing     The Westbury Property Fund Limited
shares to which voting rights are attached:

2. Reason for the notification     (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments which may result in the acquisition of
shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify):__ Transitional Provision 7 pursuant to which the disclosure is being
made

3. Full name of person(s) subject to the notification            The Goldman Sachs Group, Inc.
obligation:

4. Full name of shareholder(s) (if different from 3.):           Goldman, Sachs & Co.

5. Date of the transaction (and date on which the threshold is                08 March 2007
crossed or reached if different):

6. Date on which issuer notified:                                             14 March 2007

7. Threshold(s) that is/are crossed or reached:                                    3 %

8. Notified details:


A: Voting rights attached to shares

Class/type of     Situation previous to  Resulting situation after the triggering transaction
shares            the Triggering
                  transaction
 if possible      Number of  Number of   Number of    Number of voting rights ix % of voting rights
using the ISIN    Shares     Voting      shares
CODE                         Rights viii Direct       Direct  x     Indirect xi  Direct       Indirect

GB00B03HDJ73      No disclosure required                            3,500,000                 3.48%
                  prior to Transparency
                     Directive being
                  implemented (Non-EEA)


B: Financial Instruments

Resulting situation after the triggering transaction xii
Type of financial     Expiration date Exercise/ Conversion      Number of voting rights    % of voting
instrument            xiii            Period/ Date xiv          that may be acquired if    rights
                                                                the instrument is
                                                                exercised/ converted.


Total (A+B)

Number of voting rights                            % of voting rights
3,500,000                                             3.48%


   9. Chain of controlled undertakings through which the voting rights and/or the financial
   instruments are effectively held, if applicable xv:

   The interest in 3,500,000 shares arose from an interest held by Goldman, Sachs & Co., a
   wholly-owned direct subsidiary of GS Inc, acting as custodian for its customers. These shares
   are, or will be, registered in the name of Goldman Sachs Securities (Nominees), Limited.

   Proxy Voting:

   10. Name of the proxy holder:                                N/A

   11. Number of voting rights proxy holder will cease to hold: N/A

   12. Date on which proxy holder will cease to hold voting     N/A
   rights:

   13. Additional information:               N/A

   14. Contact name:                         Joanne Wall

   15. Contact telephone number:             020 7051 1704



Annex Notification Of Major Interests In Shares

B:        Identity of the notifier, if applicable

Full name                                                  Melanie Torode

Contact address                                            PO Box 327, Suite 4, Albert House, South
                                                           Esplanade, St Peter Port, Guernsey, GY1 3TX

Phone number                                               01481 735542

Other useful information (e.g. functional relationship     Company Secretary, Assura Administration
with the person or legal entity subject to the             Limited, as Secretary
notification obligation)




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

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