RNS Number:4499R
Ivory & Sime ISIS Trust PLC
29 October 2003

NAV's as at close of business on 28/10/03

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

                                                               (Pence per share)

Ivory & Sime ISIS Trust                                                   61.74

Note: NAVs are diluted, where appropriate.



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