Net Asset Value(s)

RIGHTS AND ISSUES INVESTMENT TRUST PLC

Net Asset Value

At the 30th June 2015 the unaudited net asset value of the shares in Rights and Issues Investment Trust Plc were:

25p Capital Shares:  6,267.72p                       (6,109.79p at the 31^st May 2015)

25p Income Shares:  1,492.45 p                      (1,473.54p at the 31^st May 2015)

The above net asset value of the capital shares does not include the supplementary capital dividend of 43.3293p 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	20,719,688	Yes
RPC Group Plc	Ordinary 5p	14,451,662	Yes
Vp Plc	Ordinary 5p	14,040,000	Yes
Hill & Smith Holdings Plc	Ordinary 25p	9,666,710	Yes
Treatt Plc	Ordinary 2p	9,297,750	Yes
Colefax Group Plc	Ordinary 10p	9,122,500	Yes
Brammer Plc	Ordinary 20p	8,336,250	Yes
Renold Plc	Ordinary 5p	6,890,000	No
Macfarlane Group Plc	Ordinary 25p	6,856,857	No
British Polythene Industries Plc	Ordinary 25p	5,140,086	No

The above information is as at 30th June 2015.

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

Duncan Hayes

Phoenix Administration Services Limited

Telephone: [phone]

15 July 2015