Issue of Equity

Personal Assets Trust PLC
01 March 2005


To:              RNS
From:            Personal Assets Trust plc
Date             1 March 2005


Issue of Equity


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


End of month       No of share in        Number of new shares      % of capital    Inflow of new
                            issue     issued during the month *    represented           capital
February                  675,165                       1,652            0.24%       £382,201.00



*    These shares have been issued under the company's various block listings.
     On 22 February the Company bought back for cancellation 2,000 ordinary 
     shares.


There are 675,165 shares in issue as at 28 February 2005.  This gives a market
capitalisation of £155.3m, based on a closing mid-price of £230.00.


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
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