RNS Number:8485T
Ivory & Sime ISIS Trust PLC
05 January 2004

To:            RNS

From:          Ivory & Sime ISIS Trust plc

Date:          5 January 2004





Listing Rule 21



In accordance with paragraph 21.20 l (ii) of the Listing Rules Ivory & Sime ISIS
Trust plc announces its top ten holdings, including all holdings with a value
greater than 5% of its gross assets, as at 31 December 2003:




Company                     % Total Assets

Vodafone                               7.6

HSBC                                   7.4

BP                                     7.0

Royal Bank of Scotland Group           4.9

GlaxoSmithKline                        4.9

Man Group                              3.3

Shell Transport & Trading              3.3

AstraZeneca                            3.1

Barclays                               2.6

HBOS                                   2.4

Total                                 46.5



For further information please contact:

Martin Cassels

ISIS Asset Management plc

0131 465 1000


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