Listing Rule 15

Personal Assets Trust PLC
04 January 2006

To:                RNS

From:              Personal Assets Trust plc

Date:              04-Jan-05





Listing Rule 15





In accordance with paragraph 15.4.11(1) of the Listing Rules Personal Assets
Trust plc announces that, as at 30-Dec-05, it had investments in the following
investment companies which do not have stated investment policies to invest no
more than 15% of their gross assets in other listed investment companies:




Holding                                                      % of Gross Assets
Independent Investment Trust plc                                          0.44
The Second Alliance Trust                                                 0.41
Advance UK Trust  plc                                                     0.40
                                                                          1.25





For further information please contact:



Gordon Hay Smith

F&C Asset Management plc

0131 465 1000




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