RNS Number:5838U
European Assets Trust NV
23 January 2004

NAV's as at close of business on 22/01/04

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

(Pence per share)

European Assets Trust                                                     552.14




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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