RNS Number:8175L
British Assets Trust PLC
2 June 2003



NAV as at close of business on 30/05/03

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

                                                               (Pence per share)

British Assets Trust                                                     103.03



Note: NAV is diluted, where appropriate.


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

NAVUUURCQUPWGAP