Issue of Equity

Personal Assets Trust PLC
02 September 2005

To:                   RNS

From:                 Personal Assets Trust plc

Date                  2 September 2005


Issue of Equity


The board of Personal Assets Trust plc announces the number of shares issued
during August 2005 :-


End of month              No of share in      Number of new shares      % of capital       Inflow of new
                                   issue   issued during the month       represented             capital

August                           724,425                       980              0.14            £235,643



There were 724,425 shares in issue as at 31 August 2005.  This gives a market
capitalisation of £173.7m, based on a closing mid-price of £239.75.



For further details, please contact :-


Steven Budge, Personal Assets Trust plc                   0131 225 9995

Gordon Hay Smith, F&C Asset Management plc                0131 465 1000


                      This information is provided by RNS
            The company news service from the London Stock Exchange