Portfolio Update

Personal Assets Trust PLC
03 August 2007

To:      RNS
From:    Personal Assets Trust plc
Date:    3-Aug-07



Listing Rule 15

In accordance with paragraph 15.4.11(1) of the Listing Rules Personal Assets
Trust plc announces that, as at 31 July 07, 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
Advance UK Trust  plc                                         0.48




For further information please contact:

Steven Davidson
Company Secretary
0207 628 8000




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