Quarterly Portfolio

Blue Planet Financials Growth & Income Investment Trusts plc
Quarterly Portfolio Announcement as at 30 June 2004

Stock                               Origin     %age of
                                              portfolio

OTP                                 Hungary      8.40%
Lloyds TSB Group                    UK           7.80%
ABN-Amro Holdinds NV                Netherlands  7.60%
BNP Paribas                         France       7.10%
Societe Generale                    France       6.00%
HBOS Plc                            UK           5.10%
Amvescap                            UK           4.20%
Unicredit Italiano                  Italy        4.20%
BUPA Finance                        UK           3.80%
Schroders                           UK           3.70%