Net Asset Value(s)

RIGHTS AND ISSUES INVESTMENT TRUST PLC

Net Asset Value

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

25p Capital Shares:  6,175.96            (6,116.00p at the 31 October 2015)

25p Income Shares:  1,493.51            (1,480.16p at the 31 October 2015)

The above net asset value of the capital shares does not include the supplementary capital dividend of 79.2985p 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	20,300,000	Yes
RPC Group Plc	Ordinary 5p	16,564,162	Yes
Vp Plc	Ordinary 5p	13,410,000	Yes
Hill & Smith Holdings Plc	Ordinary 25p	10,398,168	Yes
Colefax Group Plc	Ordinary 10p	9,942,500	Yes
Treatt Plc	Ordinary 2p	9,182,250	Yes
Macfarlane Group Plc	Ordinary 25p	7,999,667	Yes
British Polythene Industries Plc	Ordinary 25p	5,380,848	No
Renold Plc	Ordinary 5p	4,897,200	No
Brammer Plc	Ordinary 20p	4,225,500	No

The above information is as at 30 November 2015.

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

George Bayer

Phoenix Administration Services Limited

Telephone: [phone]

4 December 2015