RNS Number:9326R
British Assets Trust PLC
11 November 2003



NAV as at close of business on 10/11/03


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

                                                               (Pence per share)

British Assets Trust                                                      111.56



Note: NAV is diluted, where appropriate.



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

NAVGUGCUGUPWGCG