RNS No 2223q
FRENCH PROPERTY TRUST PLC
4th November 1998


Date:  NAV's as at close of business on 03/11/98

Ivory + Sime Investment Trusts announces the Net Asset Values for the
following Investment Trusts.
                                 (Pence per share)
French Property Trust                   126.26
       
Note:  NAVs are diluted, where appropriate.

END

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