RNS No 9299d
FRENCH PROPERTY TRUST PLC
28th October 1998


Date:  NAV's as at close of business on 27/10/98

Ivory + Sime Investment Trust announces the Net Asset Value 
for the following Investment Trust.

                                 (Pence per share)
French Property Trust                124.21
       
Note:  NAVs are diluted, where appropriate.

END

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