Portfolio Update

3i Group PLC
04 October 2005


Listing rule 15.4.11R (2) -ten largest investments as at 30 September 2005


Listing Rule 15.4.11R (2) requires 3i Group plc, as an investment trust, to
publish a list of at least its ten largest investments as at each quarter end.
3i Group plc's investment portfolio comprises over 1,500 investments most of
which are unquoted.  Unquoted investments are revalued twice a year as at 30
September and 31 March.  Directors' valuations of unquoted investments have not
been updated since the valuations as at 31 March 2005 save that they have been
adjusted for disposals, further investments and, where appropriate, write-offs
or provisions. Quoted investments have been revalued as at the quarter end.

Based on directors' valuations of unquoted investments as at 31 March 2005
(adjusted as mentioned above) and on the valuations of quoted assets as at 30
September 2005 the ten largest investments of 3i Group plc as at 30 September
2005 were as listed below.

Company                           Nature of business                   Type of investment

Oval (2040) Ltd (NCP)             Car park operator                    Equity shares and loans

SR Technics Holdings AG           Technical solutions provider for     Equity shares and loans
                                  commercial aircraft fleets

Giochi Preziosi Spa               Toy manufacturer and distributor     Equity shares and loans

Boxer TV-Access AB                Digital television distributor       Equity shares

Betapharm Arzneimittel GmbH       Supplier of generic prescription     Equity shares and loans
                                  drugs

ERM Holdings Ltd                  Environmental consultancy            Equity shares and loans

Pharmadule Emtunga AB             Modular facilities to pharmaceutical Equity shares and loans
                                  /biotech offshore and telecom
                                  sectors

Infrastructure Investor LP        PFI and infrastructure fund          Equity shares and loans

Refresco Holding BV               Fruit juice producer                 Equity shares and loans

Williams Lea Group Ltd            Outsourced print services            Equity shares



Note: This announcement is made to comply with Listing Rule requirements.  The
list set out above is based on valuations as referred to above.


                      This information is provided by RNS
            The company news service from the London Stock Exchange