RNS Number:1274K
Collective Assets Trust PLC
16 April 2003


NAV as at close of business on 15/04/03

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

                                                       (Pence per share)
Collective Assets Trust                                           121.70


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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