RNS No 6369q
FRENCH PROPERTY TRUST PLC
29th September 1998

Date:  NAV's as at close of business on 28/09/98

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

French Property Trust                   118.75
       

Note:  NAVs are diluted, where appropriate.



END


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