RNS No 0016n
FRENCH PROPERTY TRUST PLC
7th October 1998

Date:  NAV's as at close of business on 05/10/98

Ivory + Sime Investment Trusts announces the Net Asset Values for the
following Investment Trusts.
                                 (Pence per share)
French Property Trust                   120.40
       

Note:  NAVs are diluted, where appropriate.


END


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