Final Results

Rights and Issues Inv Trust PLC
15 February 2001

  Unaudited Balance Sheets                   Company                     Group
  To 31st December                 2000         1999         2000         1999
                                      £            £            £            £
  Fixed Assets                                                                
  Intangible assets                   0            0       93,136      102,451
  Investments                40,158,671   34,651,003   39,727,199   34,219,531
  Current assets                                                              
  Debtors                       175,298      170,232       79,855       87,606
  Investments                         0            0      259,041       64,125
  Cash at bank and in hand    3,074,709    1,770,406    3,314,238    2,126,390
                              3,250,007    1,940,638    3,653,134    2,278,121
  Creditors:falling due         520,928      469,466      678,870      561,764
  within one year                                                             
  Net current                 2,729,079    1,471,172    2,974,264    1,716,357
  assets/liabilities                                                          
  Total assets less          42,887,750   36,122,175   42,794,599   36,038,339
  current liabilites                                                          
  Capital and reserves                                                        
  Called up share capital     1,225,000    1,225,000    1,225,000    1,225,000
  Share premium account         225,326      225,326      225,326      225,326
  Capital reserve            23,842,673   18,237,191   23,842,673   18,237,191
  Other reserves                                                              
  Revaluation reserve        16,807,282   15,758,156   16,807,282   15,758,156
  Dividend equalisation         787,469      676,502      694,318      592,666
  reserve                                                                     
  Total shareholders funds   42,887,750   36,122,175   42,794,599   36,038,339
  Net asset value per                                                         
  share                                                                       
  Income shares                                            467.9p       396.3p
  Capital shares                                          1895.4p      1590.9p
  

                                                                     
                                             Twelve months ended 31st Dec 2000 
  Unaudited Cons Statement 
  of Total Return                              Revenue     Capital       Total
                                                     £           £           £

  Gains/(losses) on investments                 37,772   6,654,608   6,692,380
  Income                                     1,549,583           0   1,549,583
  Other expenses                               310,467           0     310,467
  Net return before finance costs and        1,276,888   6,654,608   7,931,496
  taxation                                                                    
  Interest payable and similar charges               0           0           0
  Return on ordinary activites before tax    1,276,888   6,654,608   7,931,496
  Tax on ordinary activites                     23,226           0      23,226
  Return on ordinary activites after tax     1,253,662   6,654,608   7,908,270
  for the financial year                                                      
  Dividends and other appropriations in         11,000           0      11,000
  respect of non-equity shares                                                
  Return attributable to equity              1,242,662   6,654,608   7,897,270
  shareholders                                                                
  Dividends in respect of equity shares      1,141,010           0   1,141,010
  Transfer to reserves after aggregate         101,652   6,654,608   6,756,260
  dividends paid and payable of                                               
  £1,152,010. (1999: £1,036,149)                                              
  Return per income share (p)                     29.5        67.6        97.1
  Return per capital share (p)                    31.5       304.3       335.8

                                                                              
                                             Twelve months ended 31st Dec 1999
  Unaudited Cons Statement
  of Total Return                              Revenue     Capital       Total 
                                                                             
                                                     £           £           £
  Gains/(losses) on investments               (10,678)   8,542,955   8,532,277
  Income                                     1,450,901           0   1,450,901
  Other expenses                               264,420           0     264,420
  Net return before finance costs and        1,175,803   8,542,955   9,718,758
  taxation                                                                    
  Interest payable and similar charges               0           0           0
  Return on ordinary activites before tax    1,175,803   8,542,955   9,718,758
  Tax on ordinary activites                      9,038           0       9,038
  Return on ordinary activites after tax     1,166,765   8,542,955   9,709,720
  for the financial year                                                      
  Dividends and other appropriations in         11,000           0      11,000
  respect of non-equity shares                                                
  Return attributable to equity              1,155,765   8,542,955   9,698,720
  shareholders                                                                
  Dividends in respect of equity shares      1,025,149           0   1,025,149
  Transfer to reserves after aggregate         130,616   8,542,955   8,673,571
  dividends paid and payable of                                               
  £1,152,010. (1999: £1,036,149)                                              
  Return per income share (p)                     27.6        86.8       114.4
  Return per capital share (p)                    29.0       390.7       419.7

The final dividends of 18.50p net per income share(1999:16.25p) and 1.2750p
net per capital share (1999:1.1250p) are payable on 31st March 2001 to
shareholders on the register as at 2nd March 2001.

The above release and full audited accounts will be available at the
Registered office of the company.