Net Asset Value(s)

Personal Assets Trust PLC
24 May 2006


NAV as at close of business on 23/05/06

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

(Pence per share).  Investments valued on a bid price basis.



Personal Assets Trust                                                 24,782.22



Note: NAV is diluted, where appropriate.


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