RNS Number:5154O
Collective Assets Trust PLC
8 August 2003

NAV's as at close of business on 07/08/03

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

                                                                                              (Pence per share)

Collective Assets Trust                                                                                 138.53




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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