Dividend Declaration

Personal Assets Trust PLC
15 April 2005

To:                 RNS

From:               Personal Assets Trust plc

Date:               15 April 2005







Dividend Declaration



The Board of Personal Assets Trust plc has today declared a second interim
dividend for the year to 30 April 2005 of £1.80 per share, making a total of
£3.40 for the year.  This is a 9.7% increase compared to the previous year.  The
dividend will be paid on 27 May 2005 to shareholders on the register on 13 May
2005.  The ex-dividend date will be 11 May 2005.



The Board's stated policy is never to cut the dividend rate, so that
shareholders can be confident that each half-yearly payment will at least equal
the previous one.  Therefore, the first interim dividend for the year to 30
April 2006, expected to be paid in November 2005, will be at least £1.80 per
share and the total dividend for the year will be not less than £3.60.







For further details, please contact :-



Steven Budge, Personal Assets Trust plc                     0131 225 9995

Gordon Hay Smith, F&C Asset Management plc                  0131 465 1000








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