RNS No 8900q
FRENCH PROPERTY TRUST PLC
10th December 1998


Date:  NAVs as at close of business on 09/12/98

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

French Property Trust               125.24
       
Note:  NAVs are diluted, where appropriate.


END

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