Portfolio Update

Rights and Issues Inv Trust PLC
06 May 2008



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            8,626,500
Hill & Smith Holdings                  Ordinary            5,880,729
White Young Green                      Ordinary            3,439,332
Colefax Group                          Ordinary            3,381,000
Low & Bonar                            Ordinary            3,300,000
VP                                     Ordinary            3,180,000
Scapa Group                            Ordinary            2,919,000
Thorpe F.W.                            Ordinary            2,900,000
Eleco Holdings                         Ordinary            2,675,250
HBOS                                   Ordinary            2,466,188


Of the above RPS 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 April 2008.



                      This information is provided by RNS
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