RNS No 1555n
FRENCH PROPERTY TRUST PLC
9th October 1998


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

Ivory + Sime Investment Trusts announces the Net Asset Values for the
following Investment Trusts.
                                 (Pence per share)
French Property Trust                   118.07

Note:  NAVs are diluted, where appropriate.


END

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