RNS Number:7690K
Collective Assets Trust PLC
6 May 2003



NAV as at close of business on 02/05/03

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

                                                                          (Pence per share)

Collective Assets Trust                                                             126.58


Note: NAV is diluted, where appropriate.



                      This information is provided by RNS
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