Correction : Transaction in Own Shares

The original announcement contained an incorrect figure for the number of
shares bought back this should have been 5,571 not 5,517.

Rights and Issues Investment Trust plc (the "Company")

Transaction in own shares

The Company announces that on 6 February 2017 it purchased for cancellation 5,571 Income Shares of £0.25 each at a price of £17.90 per share.

Following the above transaction, the total number of Income Shares in issue is 8,902,770. There are no shares held in treasury. This figure 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 Company.

Enquiries:

George Bayer/Maria Matheou

Maitland Administration Services Limited

01245 398950

Alastair Moreton

Stockdale Securities Limited

020 7601 6118