Portfolio Update

Investors Capital Trust PLC
03 January 2008



To:                 RNS

From:               Investors Capital Trust plc

Date:               03-Jan-08



Portfolio Update



The largest ten investments and all investments with a value greater than 5% of
total assets as at 31-Dec-07 are




Investors Capital Trust
Top 10 Holdings
Company                                            % Total Assets
Vodafone                                           4.5
BP                                                 3.9
Royal Dutch Shell B                                3.9
Glaxosmithkline                                    3.5
HSBC                                               3.2
BG Group                                           2.7
Imperial Tobacco Grp                               2.3
RBS Group                                          2.1
British American Tobacco                           2.0
Tesco                                              2.0





This announcement is made in accordance with the UKLA Listing Rules.





                      This information is provided by RNS
            The company news service from the London Stock Exchange