RNS Number:6580S
Ivory & Sime ISIS 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)

Ivory & Sime ISIS Trust                                                  63.18

Note: NAVs are diluted, where appropriate.



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

END
NAVEVLFLXFBEFBQ