RNS No 3090e
FRENCH PROPERTY TRUST PLC                                           
5th November 1998



Date:  NAV as at close of business on 04/11/98
Ivory + Sime Investment Trusts announces the Net Asset Value for the
following Investment Trust.
                                 (Pence per share)
French Property Trust               126.07
       
Note:  NAVs are diluted, where appropriate.

END


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