Statistic & Performance Rpt

Herald Investment Trust PLC
05 December 2005


The issuer advises that the following replaces the Statistic & Performance Rpt 
released 2 December 2005 at 16:31pm under RNS number 0955V.

The  Net Assets at 30/11/05 should read £351m and not £341m as previously shown.

All other details remain unchanged. The full corrected version is shown below:

                                              HERALD INVESTMENT TRUST
                                 PRELIMINARY STATISTICS AND PERFORMANCE REPORT


                                                                                    Performance     
                       inception                    At                 At                 since     Performance
                     16 February            31 October         30 November         30 September  since inception
                            1994                  2005               2005              2005 (%)              (%)        
                          
NAV (p)                     98.7 p*              376.8 p             400.5 p               6.3%          +305.7%
FTSE-100                  3417.7                5317.3              5423.2                 2.0%           +58.7%
FTSE-All-share            1717.8                2664.4              2741.1                 2.9%           +59.6%
FTSE-Smallcap             2076.1                3042.0              3200.6                 5.2%           +54.2%
Extended HGSC
(capital gains ex         1750.0                3064.2              3278.7                 7.0%           +87.4%
I.T.)
Share price                 90.9 p**             336.5 p             368.0 p               9.4%          +304.8%
Premium/(Discount) to NAV/share as at 30 November 2005                                                    (8.1)%
UK Equity Portfolio as a %  of Net Assets at 30 November 2005***                                          63.5 %
Overseas Equity Portfolio as % of Net Assets at 30 November 2005****                                       34.0%
Gearing/(Cash) as a % of Net Assets at 30 November 2005                                                   (2.5)%
Number of Equity Holdings at 30 November 2005                                                                264
*   100p was the subscription price before launch costs of 1.3p
**  90.9p is CGT base subscription price for shareholders adjusting for warrants 
    which were issued on a 1 for 5 basis.
*** Includes 2 convertibles
****Includes 2 warrants

The Net Assets at 30/11/2005  was £351m.

There are 87,556,010 shares currently in issue.

This Report has  been  issued  on  behalf  of  Herald  Investment  Trust plc,
and  has  been  approved  by Herald  Investment Management Limited, its
investment manager. Herald Investment Management Limited is authorised and
regulated by the Financial Services Authority.   You should remember that past
performance is not necessarily a guide to the future.  Markets and currency
movements may cause the value of shares, and the income from them, to fall as
well as rise, and you may get back less than you invested when you decide to
sell your shares.

These figures are not audited.


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