Purchase of Own Shares

Personal Assets Trust PLC
6 April 2001


PURCHASE OF OWN SHARES

On 6 April 2001 Personal Assets Trust plc bought 200 of its own ordinary
shares for cancellation at a price of £199.00 each.  There are 375,252
ordinary shares in issue following this purchase.


Enquiries:       Gordon Hay Smith              Tel:       [phone]