Issue of Equity

Personal Assets Trust PLC
01 November 2005


Personal Assets Trust plc


To:                   Company Announcements
From:                 Personal Assets Trust plc
Date:                 1 November 2005



ISSUE OF EQUITY


On 1 November 2005 Personal Assets Trust plc issued 500 of its Ordinary Shares
of £12.50 held in treasury at a price of £240.25 each.  There are 731,332 shares
in issue and 14,934 shares held in treasury following this transaction.



G R Hay Smith
Company Secretary


Enquiries:  0131 465 1000







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