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Independent Inv Tst (IIT)

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Monday 01 December, 2008

Independent Inv Tst

Transaction in Own Shares

RNS Number : 3259J
Independent Investment Trust PLC
01 December 2008

On 1 December 2008 the Independent Investment Trust PLC bought back 100,000 shares at 114p each.

In contrast to the intention expressed on page 14 of the Annual Report, the board has decided to cancel these shares rather than hold them in treasury because there is no foreseeable prospect of their being re-issued.

Following the purchase and cancellation of the above shares, 65,080,000 ordinary shares of 25p each will remain in issue. The Independent Investment Trust PLC holds no ordinary shares in Treasury.

The above figure (65,080,000) may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, The Independent Investment Trust PLC under the FSA's Disclosure and Transparency Rules.

Baillie Gifford & Co

Company Secretaries

1 December 2008 

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