RNS No 7018j
FRENCH PROPERTY TRUST PLC
30th September 1998

Date: NAV's as at close of business on 29/09/98

Ivory + Sime Investment Trusts announces the Net Asset Value for the
following Investment Trust.
                                 (Pence per share)
French Property Trust              119.55

Note:  NAVs are diluted, where appropriate.


END

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