Purchase of Own Securities

Personal Assets Trust PLC
29 February 2000

PURCHASE OF OWN SHARES

On 29 February 2000 Personal Assets Trust plc bought 4,000 of its own ordinary
shares for cancellation at a price of £189.00 each.  There are 361,050
ordinary shares in issue following this purchase.


Enquiries:     Ian Rushbrook/Rona Mitchell         Tel:   [phone]