RNS No 2519a
FRENCH PROPERTY TRUST PLC             
21st September 1998

Date:  NAV's as at close of business on 18/09/98

Ivory + Sime Investment Trusts announces the Net Asset Value for the
following Investment Trust.
                                 (Pence per share)
French Property Trust               119.71

Note:  NAVs are diluted, where appropriate.

END



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