Net Asset Value(s)

RIGHTS AND ISSUES INVESTMENT TRUST PLC

Net Asset Value

At the 30 April 2016 the unaudited net asset value of the shares in Rights and Issues Investment Trust Plc were:

25p Capital Shares:  6,675.28p           (6,447.95p at  31 March 2016)

25p Income Shares:  1,578.58p           (1,530.83p at  31 March 2016)

NB:  The above asset value of the capital shares does not include the supplementary capital dividend of 26.4825p payable on 3 January 2017.

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	19,480,000	Yes
Hill & Smith Holdings Plc	Ordinary 25p	13,374,195	Yes
RPC Group Plc	Ordinary 5p	13,122,000	Yes
Vp Plc	Ordinary 5p	12,960,000	Yes
Macfarlane Group Plc	Ordinary 25p	11,019,949	Yes
Treatt Plc	Ordinary 2p	10,395,000	Yes
Colefax Group Plc	Ordinary 10p	9,635,000	Yes
British Polythene Industries Plc	Ordinary 25p	5,350,275	No
Brammer Plc	Ordinary 20p	4,711,500	No
Spirax-Sarco Engineering Plc	Ordinary 26.9321p	4,122,383	No

The above information is as at 30 April 2016.

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

Maitland Administration Services Limited  -  Corporate Secretary

Telephone: [phone]

11 May 2016