Director/PDMR Shareholding

Personal Assets Trust PLC
25 May 2006

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


Personal Assets Trust plc



2. Name of director


Gordon Joseph Neilly



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest


As 2



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)


Gordon Joseph Neilly - 35

HSDL Nominees - 152



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


As 2



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


n/a



7. Number of shares / amount of stock acquired


1 share on 2 November 2005

1 share on 28 April 2006

1 share on 3 May 2006



8. Percentage of issued class


n/a



9. Number of shares/amount of stock disposed


n/a



10. Percentage of issued class


n/a



11. Class of security


Ordinary



12. Price per share


£240.75 on 2 November 2005

£259.75 on 28 April 2006

£258.50 on 3 May 2006



13. Date of transaction


As above



14. Date company informed


25 May 2006



15. Total holding following this notification


187



16. Total percentage holding of issued class following this notification


0.03



If a director has been granted options by the company please complete the
following boxes.



17. Date of grant


n/a



18. Period during which or date on which exercisable


n/a



19. Total amount paid (if any) for grant of the option


n/a



20. Description of shares or debentures involved: class, number


n/a



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise


n/a



22. Total number of shares or debentures over which options held following this
notification


n/a



23. Any additional information


Dividend reinvestment.



24. Name of contact and telephone number for queries


Andrew Nicholson, F&C Asset Management, 0131 465 1000



25. Name and signature of authorised company official responsible for making
this notification


Steven Davidson, Company Secretary



Date of Notification


25/05/06



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