RNS No 4584k
FRENCH PROPERTY TRUST PLC
10th August 1998


Date:  NAV's as at close of business on 07/08/98

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

French Property Trust                   130.87


Note:  NAVs are diluted, where appropriate.


END

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