Portfolio Update

Rights and Issues Inv Trust PLC
01 February 2007


Rights and Issues Investment Trust Plc

In accordance with UKLA Listing Rule 21.20 (l) (ii), the following list
represents the Trust's ten largest investments and where appropriate, any
investment with a value greater than 5% of the Trust's gross assets:

                                       Class                         Value

RPS Group                              Ordinary                      7,722,000
White Young Green                      Ordinary                      5,903,332
HBOS                                   Ordinary                      5,827,500
Hill & Smith Holdings                  Ordinary                      4,755,611
Colefax Group                          Ordinary                      4,557,000
Low & Bonar                            Ordinary                      4,207,500
Northern Rock                          Ordinary                      3,815,500
Celsis Int'l                           Ordinary                      3,390,000
VP                                     Ordinary                      3,305,000
Thorpe F.W.                            Ordinary                      2,975,000

Of the above RPS Group and White Young Green, HBOS, Hill & Smith Holdings and
Colefax Group have a market value of greater than 5% of the Trust's gross
assets.

The above information is as at 31st Jan 2007.


                      This information is provided by RNS
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