RNS Number:8336P
Collective Assets Trust PLC
16 September 2003

NAV's as at close of business on 15/09/03

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

                                                               (Pence per share)

Collective Assets Trust                                                  142.27




Note: NAVs are diluted, where appropriate.



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

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