RNS Number:0820I
Collective Assets Trust PLC
27 February 2003

NAV's as at close of business on 26/02/03

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

(Pence per share)

Collective Assets Trust                                                113.34



Note: NAVs are diluted, where appropriate.


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

END

NAVZDLFLXLBEBBQ