RNS Number:0036T
Collective Assets Trust PLC
8 December 2003


NAV as at close of business on 05/12/03

ISIS Asset Management plc Investment Trusts announces the unaudited Net Asset
Value for the following Investment Trust.

(Pence per share)


Collective Assets Trust                                                 142.74

Note: NAV is  diluted, where appropriate.



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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