Issue of Equity

RNS Number:8396T
Personal Assets Trust PLC
05 January 2004


To:    RNS

From:  Personal Assets Trust plc

Date:  5 January 2004


Issue of Equity

In response to requests from shareholders, the board of Personal Assets Trust
plc announces the number of shares issued during December 2003 :-


                                                                                                                      
End of month     No of share in issue      Number of new shares   % of capital represented    Inflow of new capital 
                                              issued during the                                                     
                                                       month *                                                      
December                      619,651                    9,432                       1.55%               #1,980,855 
                                                         9,432                                           #1,980,855 

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


There are 619,651 shares in issue as at 31 December 2003. This gives a market
capitalisation of #130.7m, based on a closing mid-price of #211.00.


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
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