Issue of Equity

RNS Number:2829I
Personal Assets Trust PLC
04 March 2003



To:          RNS

From:          Personal Assets Trust plc

Date:          4 March 2003





Issue of Equity

The board of Personal Assets Trust plc announces the number of shares issued
during February 2003 :-

End of month         No of share in         Number of new shares         % of capital     Inflow of new
                              issue      issued during the month          represented           capital
                                                              *
February 2003               538,501                       6,019                 1.13%        #1,068,227

* These shares have been issued under the company's various block listings.

There are 538,501 shares in issue as at 28th February 2003. This gives a market
capitalisation of #96.5m as at 28th February 2003, based on a closing mid-price
of #179.25.

For further details, please contact :-

Steven Budge, Personal Assets Trust plc               0131 225 9995

Gordon Hay Smith, ISIS Asset Management  plc          0131 465 1000






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

IOEQZLFBXXBBBBZ