Net Asset Value(s)

RIGHTS AND ISSUES INVESTMENT TRUST PLC

Net Asset Value

At the 31st March 2015 the unaudited net asset value of the shares in Rights
and Issues Investment Trust Plc were:

25p Capital Shares: 5,689.89p (5477.12p at the 28th February 2015)

25p Income Shares: 1,360.88p (1329.24p at the 28th February 2015)

The following list represents the Trust's ten largest investments and where
appropriate, any investment with a value greater than 5 per cent of the Trust's gross
assets:

                             Class               Value £      Holding greater than 5 per cent of  
                                                              Gross Assets     
                                                                               
Scapa Group Plc              Ordinary 5p           14,907,750        Yes       
                                                                               
RPC Group Plc                Ordinary 5p           12,566,663        Yes       
                                                                               
Vp Plc                       Ordinary 5p           11,844,000        Yes       
                                                                               
Brammer Plc                  Ordinary 20p          10,759,500        Yes       
                                                                               
Hill and Smith Holdings Plc    Ordinary 25p           9,824,476        Yes       
                                                                               
Treatt Plc                   Ordinary 2p            8,316,000        Yes       
                                                                               
Colefax Group Plc            Ordinary 10p           7,892,500        Yes       
                                                                               
Macfarlane Group Plc         Ordinary 25p           6,693,599        Yes       
                                                                               
British Polythene Industries Ordinary 25p           5,182,124        No        
Plc                                                                            
                                                                               
Domino Printing Sciences Plc Ordinary 5p            4,665,000        No        

The above information is as at 31st March 2015.

Submitted on behalf of Rights and Issues Investment Trust plc by:

George Bayer
Phoenix Administration Services Limited
Telephone: [phone]

10th April 2015