RNS Number:8769P
Collective Assets Trust PLC
17 September 2003


NAV as at close of business on 16/09/03

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

                                                          (Pence per share)

Collective Assets Trust                                        142.48

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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