RNS No 1490r
FRENCH PROPERTY TRUST PLC
3rd November 1998




Date:  NAV's as at close of business on 02/11/98
Ivory + Sime Investment Trust announces the Net Asset Value for the
following Investment Trust.


                                 (Pence per share)

French Property Trust               127.08
       

Note:  NAVs are diluted, where appropriate.


END


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