RNS Number:9306L
British Assets Trust PLC
4 June 2003

NAV's as at close of business on 03/06/03

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

                                                               (Pence per share)

British Assets Trust                                                      104.77

Note: NAVs are diluted, where appropriate.



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

END
NAVUUUACQUPWGAC