RNS Number:7231J
Personal Assets Trust PLC
07 April 2003

To:     RNS

From:   Personal Assets Trust plc

Date:   7 April 2003

Issue of Equity

In response to requests from shareholders, the board of Personal Assets Trust
plc announces the number of shares issued during March 2003 :-

End of month              No of share in      Number of new shares      % of capital       Inflow of new
                                   issue         issued during the       represented             capital
                                                           month *

March 2003                       545,749                     7,248             1.35%          #1,308,970

                                                             7,248                            #1,308,970

* These shares have been issued under the company's various block listings.

There are 545,749 shares in issue as at 31st March 2003. This gives a market
capitalisation of #100.7m as at 31st March 2003, based on a closing mid-price of
#184.50.

For further details, please contact :-

Steven Budge, Personal Assets Trust plc         0131 225 9995

Gordon Hay Smith, ISIS Asset Management plc     0131 465 1000



                      This information is provided by RNS
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