Portfolio Update

Lindsell Train Investment Trust PLC
03 July 2007


THE LINDSELL TRAIN INVESTMENT TRUST PLC

In accordance with Listing Rule 15.4.11 (2) The Lindsell Train Investment Trust
PLC announces that at 30 June 2007 its ten largest investments were as follows:


Company                                                             Market Value (£)        Percentage of
                                                                                                portfolio
Lindsell Train Global Media (Distributor) Inc 'A'                          3,638,910                 9.75
Barr (AG) PLC Ordinary 25p                                                 3,465,217                 9.28
HBOS 9.25% Non-Cum Irredeemable Pref GBP1                                  3,366,976                 9.02
Cadbury Schweppes PLC Ord 12.5p                                            3,295,575                 8.83
Nintendo Co Ltd JPY50                                                      2,990,023                 8.01
Diageo PLC Ordinary 28.935185p                                             2,405,840                 6.45
Lindsell Train Limited                                                     2,102,495                 5.63
Marston's Plc Ord 7.375p                                                   2,018,634                 5.41
Lindsell Train Japan (Distributor) Inc                                     1,735,626                 4.65
2.5% Consolidated Loan Stock                                               1,697,445                 4.55

Total                                                                     26,716,741                71.58

There were no additional investments with a value greater than 5% of the
Company's portfolio.

Phoenix Administration Services Limited - Secretary

3 July 2007

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