Issue of Equity

Personal Assets Trust PLC
02 November 2005


Personal Assets Trust plc
          
To:       Company Announcements
From:     Personal Assets Trust plc
Date:     2 November 2005


ISSUE OF EQUITY

On 2 November 2005 Personal Assets Trust plc issued 1,387 of its Ordinary Shares
of £12.50 held in treasury at a price of £240.75 each.  There are 732,719 shares
in issue and 13,547 shares held in treasury following this transaction.

G R Hay Smith
Company Secretary


Enquiries:  0131 465 1000


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