RNS No 3761p
FRENCH PROPERTY TRUST PLC
9th November 1998


Date:  NAV's as at close of business on 05/11/98

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

                                 (Pence per share)

French Property Trust                   126.85
       

Note:  NAVs are diluted, where appropriate.


END


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