RNS Number:7108L
Collective Assets Trust PLC
29 May 2003


NAV as at close of business on 28/05/03

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

(Pence per share)


Collective Assets Trust                                                129.78

NAV is diluted, where appropriate.


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