Net Asset Value(s)

RIGHTS AND ISSUES INVESTMENT TRUST PLC

Net Asset Value

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

25p Capital Shares:  6,116.00p                       (6,081.49p at the 30^th September 2015)

25p Income Shares:  1,476.17p                      (1,467.17p at the 30^th September 2015)

The above net asset value of the capital shares does not include the supplementary capital dividend of 72.1758p payable on 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	21,188,813	Yes
RPC Group Plc	Ordinary 5p	14,094,162	Yes
Vp Plc	Ordinary 5p	13,311,000	Yes
Colefax Group Plc	Ordinary 10p	9,840,000	Yes
Hill & Smith Holdings Plc	Ordinary 25p	9,774,277	Yes
Treatt Plc	Ordinary 2p	9,240,000	Yes
Macfarlane Group Plc	Ordinary 25p	7,428,262	Yes
Brammer Plc	Ordinary 20p	6,216,750	No
British Polythene Industries Plc	Ordinary 25p	5,663,648	No
Renold Plc	Ordinary 5p	5,469,600	No

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

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

George Bayer
Phoenix Administration Services Limited
Telephone: [phone]

5 November 2015