RNS No 1995b
FRENCH PROPERTY TRUST PLC
26th November 1998

Date:  NAV's as at close of business on 25/11/98

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

French Property Trust                    127.05
       
Note:  NAVs are diluted, where appropriate.

END


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