RNS No 5632u
FRENCH PROPERTY TRUST PLC
28th September 1998


Date:  NAV's as at close of business on 25/09/98

Ivory + Sime Investment Trusts announces the Net Asset Value for the
following Investment Trust.
                                 (Pence per share)
French Property Trust                    118.32
       

Note:  NAVs are diluted, where appropriate.
Please ensure that announcement includes date of valuation.


END

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