Portfolio Update

Blue Planet Financials Growth & Income Investment Trusts Nos. 1-10 plc
Quarterly Portfolio Announcement as at 30 June 2006

Stock                                         Origin           % of

Sberbank RF                                   Russia           19.0
Credit Agricole SA                            France            9.5
Banco Nossa Caixa SA                          Brazil            7.5
Raiffeisen International Bank Holding        Austria            6.7
Cash                                                            6.0
Banco Bilbao Vizcaya Argentaria SA             Spain            5.6
Societe Generale                              France            5.1
Banco Bradesco SA                             Brazil            5.0
BNP Paribas SA                                France            4.9
Bank Millennium SA                            Poland            4.7