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Independent Inv Tst (IIT)

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Wednesday 15 February, 2006

Independent Inv Tst

Annual Report and Accounts

Independent Investment Trust PLC
15 February 2006

The Independent Investment Trust PLC

Annual Report for the year ended 30/11/05



A copy of the above document has been submitted to the UK Listing Authority, and
will shortly be available for inspection at the UK Listing Authority's Document
Viewing Facility, which is situated at:



Financial Services Authority

25 The North Colonnade

Canary Wharf

London

E14 5HS



Tel. no. (0)20 7066 1000



                                                           Baillie Gifford & Co.

                                                             Company Secretaries

                                                                15 February 2006






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