RNS Number:3178O
Collective Assets Trust PLC
4 August 2003



NAV as at close of business on 01/08/03

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

                                                               (Pence per share)

Collective Assets Trust                                                  137.18



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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