RNS Number:1476O
Collective Assets Trust PLC
30 July 2003

NAV as at close of business on 29/7/03

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

                                                   (Pence per share)

Collective Assets Trust                             135.09


Note: NAV is diluted, where appropriate.



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

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