RNS No 6990h
FRENCH PROPERTY TRUST PLC
22nd October 1998


Date:  NAV's as at close of business on 21/10/98

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

French Property Trust                  124.05
       

Note:  NAVs are diluted, where appropriate.


END


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