RNS Number:7441O
Collective Assets Trust PLC
15 August 2003

NAV's as at close of business on 14/08/03

ISIS Asset Management plc Investment Trusts announces the unaudited Net Asset
Value for the following Investment Trust.
                                                               (Pence per share)
                                                                   
Collective Assets Trust                                                   139.57

Note: NAVs are diluted, where appropriate.


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

END
NAVEELFFXVBBBBZ