Portfolio Update

Personal Assets Trust PLC
04 September 2007

To:                RNS
From:              Personal Assets Trust plc
Date:              4-Sept-07


Listing Rule 15

In accordance with paragraph 15.4.11(1) of the Listing Rules Personal Assets
Trust plc announces that, as at 31 August 07, 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
Advance UK Trust  plc                                                       0.46


For further information please contact:

Gordon Hay-Smith
F&C Investment Business Limited
0207 628 8000




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