Portfolio Update

Rights and Issues Inv Trust PLC
03 October 2006


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                      6,183,000
HBOS                                   Ordinary                      5,544,000
White Young Green                      Ordinary                      4,700,207
Colefax Group                          Ordinary                      4,095,000
Hill & Smith Holdings                  Ordinary                      3,934,500
Low & Bonar                            Ordinary                      3,435,000
Thorpe F.W.                            Ordinary                      2,950,000
VP                                     Ordinary                      2,852,500
Celsis Int'l                           Ordinary                      2,730,000
Northern Rock                          Ordinary                      2,336,000


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

The above information is as at 30th Sept 2006.




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