RNS Number:2094S
Ivory & Sime ISIS Trust PLC
18 November 2003

Ivory & Sime ISIS Trust plc

To:          RNS

From:        Ivory & Sime ISIS Trust plc

Date:        18 November 2003



PURCHASE OF OWN SECURITIES

On 18 November 2003 Ivory & Sime ISIS Trust plc bought 400,000 of its own
Ordinary Shares of 1p for cancellation at a price of 57.00p each. There are
71,446,790 shares in issue following this repurchase.






Martin A Cassels

ISIS Asset Management plc

Secretaries



Enquiries: 0131 465 1000


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