Net Asset Value(s)

RIGHTS AND ISSUES INVESTMENT TRUST PLC

Net Asset Value

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

25p Capital Shares:  6,364.30p             (6,261.14p at the 30^th June 2015)

25p Income Shares:  1,533.56p             (1,500.83p at the 30^th June 2015)

The above net asset value of the capital shares does not include the supplementary capital dividend of 50.3332p payable of 4th January 2016.

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

	Class	Value £	Holding greater than 5% of Gross Assets
Scapa Group Plc	Ordinary 5p	21,657,938	Yes
RPC Group Plc	Ordinary 5p	14,744,162	Yes
Vp Plc	Ordinary 5p	13,860,000	Yes
Hill & Smith Holdings Plc	Ordinary 25p	9,874,674	Yes
Colefax Group Plc	Ordinary 10p	9,840,000	Yes
Treatt Plc	Ordinary 2p	9,124,500	Yes
Brammer Plc	Ordinary 20p	8,775,000	Yes
Macfarlane Group Plc	Ordinary 25p	7,020,116	Yes
Renold Plc	Ordinary 5p	6,444,800	No
British Polythene Industries Plc	Ordinary 25p	5,426,708	No

The above information is as at 31^st July 2015.

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

George Bayer
Phoenix Administration Services Limited
Telephone: [phone]

7 August 2015