Additional Listing

Personal Assets Trust PLC
5 March 2002

To:            Company Announcements, London Stock Exchange

From:          Personal Assets Trust plc

Date:          5 March 2002

Block Listing

Application has been made to the UK Listing Authority and the London Stock
Exchange for block listings totalling 20,000 Ordinary shares of £12.50 each to
trade on the London Stock Exchange and to be admitted to the Official List upon
issuance. The shares shall rank pari passu with the existing issued shares of
the Company.

The Block listings consist of 10,000 shares to be issued under the Company's 
PEP/ISA Plans and 10,000 shares to be issued under the Company's Investment 
Plan.

For further information please contact:

Gordon Hay Smith, Friends Ivory & Sime plc:     0131 465 1000


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