Net Asset Value(s)

RIGHTS AND ISSUES INVESTMENT TRUST PLC

Net Asset Value

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

25p Capital Shares:  6,382.46             (6,175.96p at the 30 November 2015)

25p Income Shares:  1,545.81            (1,493.51p at the 30 November 2015)

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	17,200,000	Yes
Vp Plc	Ordinary 5p	13,401,000	Yes
RPC Group Plc	Ordinary 5p	12,495,000	Yes
Hill & Smith Holdings Plc	Ordinary 25p	10,771,067	Yes
Colefax Group Plc	Ordinary 10p	9,737,500	Yes
Treatt Plc	Ordinary 2p	9,471,000	Yes
Macfarlane Group Plc	Ordinary 25p	9,142,477	Yes
British Polythene Industries Plc	Ordinary 25p	5,235,626	No
Brammer Plc	Ordinary 20p	4,920,750	No
Renold Plc	Ordinary 5p	4,664,000	No

The above information is as at 31 December 2015.

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

George Bayer
Phoenix Administration Services Limited
Telephone: [phone]

2 February 2016