Net Asset Value(s)

Personal Assets Trust PLC
26 September 2005

NAV as at close of business on 23/09/05

F & C Asset Management plc Investment Trusts announces the unaudited Net Asset
Value for the following Investment Trust.

                                                               (Pence per share)


Personal Assets Trust                                                  24,278.41


Note: NAV is diluted, where appropriate.



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