Portfolio Update

Personal Assets Trust PLC
04 October 2005

To:               RNS

From:             Personal Assets Trust plc

Date:             04-Oct-05





Listing Rule 15





In accordance with paragraph 15.4.11(1) of the Listing Rules Personal Assets
Trust plc announces that, as at 30-Sep-05, 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
The Second Alliance Trust                                         0.39
Independent Investment Trust plc                                  0.38
Advance UK Trust  plc                                             0.38
                                                                  1.15





For further information please contact:



Gordon Hay Smith

F&C Asset Management plc

0131 465 1000




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