RNS Number:6572S
Collective Assets Trust PLC
28 November 2003

NAV's as at close of business on 27/11/03

ISIS Asset Management plc Investment Trusts announces the unaudited Net Asset
Value for the following Investment Trust.

                                                               (Pence per share)

Collective Assets Trust                                                 142.61

Note: NAVs are diluted, where appropriate.



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

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