Portfolio Update

Personal Assets Trust PLC
02 November 2007







Portfolio Update



The largest ten investments and all investments with a value greater than 5% of
total assets as at 31-Oct-07 are:




Personal Assets Trust
Top 10 Holdings

Investment                                         % Total Assets
US 0% 15/11/07                                     32.1
Royal Dutch Shell B                                8.7
BP                                                 8.0
HBOS                                               5.1
BT Group                                           4.5
Glaxosmithkline                                    4.3
RBS Group                                          4.2
Scottish & Newcastle                               3.4
Std Life Inv-Ins Shares                            3.1
Alliance Trust                                     2.6



This announcement is made in accordance with the UKLA Listing Rules.






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