Block Listing

Personal Assets Trust PLC
13 August 2003

To:            Company Announcements, London Stock Exchange

From:          Personal Assets Trust plc

Date:          13 August 2003


Block Listing


Application has been made to the UK Listing Authority and the London Stock
Exchange for block listings totalling 150,000 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 30,000 shares to be issued under the Company's PEP
/ISA Plans, 50,000 shares to be issued under the Company's Investment Plan and
70,000 issued under the Company's Broker Allotment Scheme.


For further information please contact:




Gordon Hay Smith, ISIS Asset Management plc:     0131 465 1000


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