RNS Number:6715R
Collective Assets Trust PLC
4 November 2003



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

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

                                                              (Pence per share)
         
Collective Assets Trust                                                  144.23


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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