Top 10 Holdings

Shires Income PLC
03 January 2007


3 January 2007

SHIRES INCOME PLC

In accordance with UKLA Listing Rule 21.20 (1) (ii), Shires Income PLC announces
that at 31 December 2006 the ten largest investments held were as follows:

Company                                            £     % of
                                                     Total Assets

Shires Smaller Companies                  10,720,000      8.7
Standard Chartered Pref Shares             6,643,438      5.4
Abbey National 10.375% Pref Shares         5,549,800      4.5
Legal & General Group                      5,503,750      4.5
Lloyds TSB Group Ord                       5,281,750      4.3
Mackintosh High Income Fund                5,253,928      4.3
Pennon Group Ord                           4,794,300      3.9
Bradford & Bingley Ord                     4,700,000      3.8
Friends Provident Ord                      4,666,090      3.8
Aviva 8.75% Cum Irr Pref Shares            4,624,763      3.8


Shires Income plc is managed by Glasgow Investment Managers Limited




                      This information is provided by RNS
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