RNS No 4539q
FRENCH PROPERTY TRUST PLC
10th November 1998


Date:  NAV as at close of business on 09/11/98

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

                                 (Pence per share)
French Property Trust                    125.38
       

Note:  NAVs are diluted, where appropriate.


END

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