Portfolio Update

Personal Assets Trust PLC
04 April 2006

To:                RNS

From:              Personal Assets Trust plc

Date:              04-Apr-06


Listing Rule 15


In accordance with paragraph 15.4.11(1) of the Listing Rules Personal Assets
Trust plc announces that, as at 31-Mar-06, it had investments in the following
investment companies which do not have stated investment policies to invest no
more than 15% of their gross assets in other listed investment companies:


Holding                                                                            % of Gross Assets
Independent Investment Trust plc                                                                0.34
The Second Alliance Trust                                                                       0.44
Advance UK Trust  plc                                                                           0.42
                                                                                                1.20

For further information please contact:


Steven Davidson
F&C Asset Management plc
0131 465 1000




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