Quarterly Portfolio Announcement

Blue Planet Financials Growth & Income Investment Trusts Nos 1-10 plc

Quarterly Portfolio Announcement as at 30 September 2004

Stock                               Origin           %age of
                                                    portfolio

OTP                                 Hungary           9.30%
ABN-Amro Holdings                   Netherlands       7.90%
Lloyds TSB Group                    UK                7.80%
BNP Paribas                         France            7.40%
Societe Generale                    France            6.30%
Bank Austria Creditanstalt          Austria           5.70%
HBOS                                UK                5.60%
Unicredito Italiano                 Italy             4.30%
Bank Przemyslowo-Handlowy           Poland            4.30%
Bank Pekao                          Poland            4.20%