RNS Number:1724L
Collective Assets Trust PLC
15 May 2003

NAV's as at close of business on 14/05/03

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

                                                               (Pence per share)
Collective Assets Trust                                                   129.88

Note: NAV is diluted, where appropriate.



                      This information is provided by RNS
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