RNS Number:3675P
Collective Assets Trust PLC
3 September 2003



NAV as at close of business on 02/09/03


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

                                                               (Pence per share)

Collective Assets Trust                                               143.36



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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NAVZXLFBXKBXBBF