Portfolio Update

New India Investment Trust PLC
03 April 2007

NEW INDIA INVESTMENT TRUST PLC - 10 LARGEST INVESTMENTS



The company announces that the ten largest investments as at close of business
on 31 March 2007 were as follows:




Assets With Values Over 5% of Gross Assets
NAME                                                                               Market Value       % Ttl Gross
                                                                                                           Assets
SATYAM COMPUTER SERVICES                                                              6,718,936              9.23
HOUSING DEVELOPMENT FINANCE CPN                                                       6,695,206              9.19
ICICI BANK                                                                            6,626,104              9.10
INFOSYS TECHNOLOGIES                                                                  4,862,163              6.68
TATA CONSULTING SVS LTD                                                               4,842,383              6.65
HERO HONDA                                                                            4,237,524              5.82


Top 10 Portfolio Assets
NAME                                                                               Market Value       % Ttl Gross
                                                                                                           Assets
SATYAM COMPUTER SERVICES                                                              6,718,936              9.23
HOUSING DEVELOPMENT FINANCE CPN                                                       6,695,206              9.19
ICICI BANK                                                                            6,626,104              9.10
INFOSYS TECHNOLOGIES                                                                  4,862,163              6.68
TATA CONSULTING SVS LTD                                                               4,842,383              6.65
HERO HONDA                                                                            4,237,524              5.82
GRASIM INDUSTRIES                                                                     2,993,126              4.11
OIL & NATURAL GAS                                                                     2,970,366              4.08
SUN PHARMACEUTICAL INDUSTRIES                                                         2,862,635              3.93
BHARAT PETROL                                                                         2,541,667              3.49





Note

The valuation shown above for Tata Consulting Services includes £1,137,219 for a
holding in CMC, a subsidiary company.





END


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