RNS Number:5032R
Collective Assets Trust PLC
30 October 2003


NAV as at close of business on 29/10/03

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

                                                            (Pence per share)

Collective Assets Trust                                          142.64


Note: NAV is diluted, where appropriate.


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

END

NAVEBLFXXBBFFBQ