Net Asset Value - Replacement

New India Investment Trust PLC
09 November 2005

AMENDMENT



The announcement below replaces the one released to the stock exchange yesterday
at 11.26hr (RNS 7947T).  The announcement below now includes updated and
additional performance information.


New India Investment Trust PLC

Amended Month End NAV Movements

The unaudited Net Asset Value of the Company at 31 October 2005 was 110.92p
(diluted) and 113.85p (undiluted).

Net Asset Value Movements since 9 December 2004* have been as follows:


                        1 month       3 months      6 months       31/12/04      9/12/04*
Ordinary (diluted where -7.54%        +6.09%        +21.77%        +23.48%       +21.97%
appropriate)
MSCI India Capital      -10.31%       -2.06%        +23.12%        +22.06%       +28.89%
Return


*On 9 December 2004 the investment management contract was transferred to
Aberdeen Asset Management Asia Limited


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