Dividend Declaration

Personal Assets Trust PLC
21 March 2007

To:                RNS

From:              Personal Assets Trust plc

Date:              21 March 2007



Dividend Declaration

The Board of Personal Assets Trust plc has today declared a second interim
dividend for the year to 30 April 2007 of £2.10 per share, making a total of
£4.10 for the year. This is a 10.8% increase compared to the previous year. The
dividend will be paid on 27 April 2007 to shareholders on the register on 10
April 2007. The ex-dividend date will be 4 April 2007.

The Board's stated dividend policy is to grow the present dividend rate at least
in line with inflation and never to cut the dividend rate, so shareholders know
that each half-yearly payment will at least equal the previous one. Therefore,
the first interim dividend for the year ended 30 April 2008, expected to be paid
in October 2007, will be at least £2.10 per share and the total dividend for the
year will be not less than £4.20.


For further details, please contact :-

Steven Budge, Personal Assets Trust plc                            0131 225 9995

Steven Davidson,  Company Secretary                                0131 718 1000



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