RNS Number:2126S
Ivory & Sime ISIS Trust PLC
18 November 2003

Date of Announcement: 18/11/03 - NAV's as at close of business on 17/11/03

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

(Pence per share)

Ivory & Sime ISIS Trust                                  62.48

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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