RNS Number:3900U
Personal Assets Trust PLC
19 January 2004



NAV as at close of business on 16/01/04

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

                                                               (Pence per share)


Personal Assets Trust                                                  20,848.85


Note: NAV is diluted, where appropriate.



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

END
NAVGUUBPGUPCGCB