Annual Information Update

Herald Investment Trust PLC
14 March 2006

                          HERALD INVESTMENT TRUST plc



                           ANNUAL INFORMATION UPDATE



Pursuant to the requirements of Prospectus Rule 5.2 the following summarises the
information that has been published or made available to the public by the
Company throughout the twelve months ended 3 March 2006.



The information referred to below was provided as at a specific date and may now
be out of date.  In addition to the information listed below, the Company has
announced daily net asset values per Ordinary share as at the close of the
previous business day.



The announcements listed below have been published via a Regulatory Information
Service and can be found on www.londonstockeschange.com.


Date                     Description
03 March 2006            Annual Report & Accounts
03 March 2006            Statistic and Performance Report
09 February 2006         Final Results
03 February 2006         Statistic and Performance Report
06 January 2006          Portfolio Update
06 January 2006          Statistic and Performance Report
05 December 2005         Statistic and Performance Report
04 November 2005         Statistic and Performance Report
06 October 2005          Portfolio Update
05 October 2005          Statistic and Performance Report
06 September 2005        Statistic and Performance Report
02 August 2005           Statistic and Performance Report
29 July 2005             Interim Results
06 July 2005             Portfolio Update
06 July 2005             Statistic and Performance Report
16 June 2005             Director Shareholding
03 June 2005             Statistic and Performance Report
04 May 2005              Statistic and Performance Report
05 April 2005            Portfolio Update
05 April 2005            Statistic and Performance Report



The documents listed below were filed with Companies House.  Copies of these
documents can be obtained from Companies House or through Companies House direct
at www.direct.companieshouse.gov.uk.








Date                     Description
03 March 2006            Change of Registered address
09 January 2006          Annual Return
20 April 2005            Annual Report
20 April 2005            Special Resolution passed at the AGM on 13 April 2005
20 April 2005            Retirement of Director
20 April 2005            Retirement of Director







                                                           Baillie Gifford & Co.

                                                             Company Secretaries

                                                                   14 March 2006




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