RNS No 5119q
FRENCH PROPERTY TRUST PLC
11th August 1998


Date:  NAV's as at close of business on 10/08/98

Ivory + Sime Investment Trusts announces the Net Asset Value for the
following Investment Trust.

                                 (Pence per share)
French Property Trust                  129.88

Note:  NAVs are diluted, where appropriate.


END

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