RNS No 8824v
FRENCH PROPERTY TRUST PLC
27th October 1998


Date: NAV's as at close of business on 26/10/98
Ivory + Sime Investment Trusts announces the Net Asset Value for the
following Investment Trust.
                                 (Pence per share)

French Property Trust               124.77
       

Note:  NAVs are diluted, where appropriate.

END

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