Interim Management Statement

Mid Wynd Inter Inv Trust PLC
04 April 2008


                  MID WYND INTERNATIONAL INVESTMENT TRUST PLC
            Interim Management Statement - 3 months to 31 March 2008

Mid Wynd's objective is to achieve capital and income growth by investing on a
worldwide basis.

The proportion of the portfolio invested in British companies will not normally
exceed a quarter.  Owing to its size, the Company is able to include small
companies and markets in its portfolio which are not practical for its larger
peers.

Review of the Period

•    Over the period, the Company's net asset value fell by 5.7% compared to a 
     fall in the benchmark of 8.7% while the share price fell by 5.3%.  All 
     figures are total return.

•    The interim dividend of 5.50p per share will be paid on 7 April 2008.

•    During the period Y300m (£1.4m) of the Yen long term loan was repaid early.



       Geographical Analysis of Total Assets                            Top Ten Equity Holdings

Region                           % of    % of total      Name                            % of      % of total
                                total     assets at                                     total      assets at
                              assets at   31/12/07                                    assets at     31/12/07
                               31/03/08                                                31/03/08

Continental Europe               31.7       28.6         Baillie Gifford Developed       6.1          6.5
                                                         Asia Pacific Fund
North America                    16.3       17.9         Schlumberger                    2.7          2.8
United Kingdom                   14.3       14.2         Seadrill                        2.4          2.0
Emerging Markets                 11.0       11.7         Atlas Copco                     2.1          1.6
Japan                            4.5         5.3         Kone                            2.0          1.6
Asia Pacific                     6.1         6.5         Essilor                         1.7          1.5
Fixed Interest                   7.6         6.1         Nestle                          1.7          1.4
Net Liquid Assets                8.5         9.7         Vodafone                        1.5          1.7
                                                         Ultra Petroleum                 1.4          1.2
                                                         Petrobras                       1.3          1.4


Total                           100.0          100.0     Total                           22.9         21.7



                            Total Return Performance
                                                                  %
                               3 Months            1 Year              3 Years              5 Years
Share Price                      -5.3               -0.9                 44.3                112.1
NAV (Par)                        -5.7               3.1                  39.6                94.6
Comparative Index                -8.7               -2.3                 31.7                78.8

Source: Fundamental Data Ltd.

Comparative Index is the FTSE World Index (in sterling terms) with net income
reinvested.


Past performance is not a guide to future performance

                                          General Information

                                                             31/3/08                   31/12/07
Total assets (before deduction of  bank loan)                 £50.6m                    £55.2m
Bank loan                                                     £1.5m                     £2.7m
Equity shareholders' funds                                    £49.1m                    £52.5m

Net asset value per ordinary share (after deducting           976.6p                   1,044.5p
   borrowings at fair value)
Share price                                                   795.0p                    845.0p

Discount (after deducting borrowings at fair value)           18.6%                     19.1%

Potential gearing (after deducting borrowings at               3.1%                      5.1%
fair value)
Equity gearing (after deducting borrowings at fair           (14.2%)                   (11.5%)
value)


This interim management statement and up to date NAV and share price information
is available on the Managers' website www.midwynd.co.uk


For further information contact:-  Robert O'Riordan on 0131 275 3181


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