Director/PDMR Shareholding

New India Investment Trust PLC
24 October 2006

1)  Name of company

    NEW INDIA INVESTMENT TRUST PLC



2)  State whether notification is in respect of a transaction notified in
accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(b) or both



    BOTH

3)  Name of director

    SARAH BATES



4)      State whether notification relates to a person(s) connected with a
person discharging managerial responsibilities/director named in 3 above and
identify the connected person(s)

N/A



5)  Indicate whether notification is in respect of a holding of the person named
in 3 or 4 above or in respect of a non-beneficial interest



    AS IN 3 ABOVE


6)  Class of security

    ORDINARY 25p

7)  Name of the registered shareholder(s) and, if more than one holder, the
number of shares held by each of them (if notified)


    -



8)  State the nature of the transaction.




9)  Number of shares/amount of stock acquired

    366 ORDS


10) Percentage of issued class acquired

    0.0008%

11) Number of shares/amount of stock disposed

    -

12) Percentage of issued class disposed

    -
13) Price per share

    136.5p PER ORDINARY SHARE

14) Date of transaction

    23 October 2006



15) Total holding and percentage holding of issued class following this
notification

    12,899 ORDINARY SHARES (0.027%)


16) Date company informed

    23 October 2006



Name of contact and telephone number for queries

CHARLES MEARNS TEL: [phone]



Name and signature of authorised company official responsible for making this
notification


CHARLES MEARNS


Date of Notification -



    24 October 2006



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