Portfolio Update

New India Investment Trust PLC
03 October 2006


NEW INDIA INVESTMENT TRUST PLC - 10 LARGEST INVESTMENTS

The company announces that the ten largest investments as at close of business
on 30 September 2006 were as follows:


Assets With Values Over 5% of Gross Assets

NAME                                                                      Market Value      % Ttl Gross
                                                                                                 Assets
HOUSING DEVELOPMENT FINANCE CPN (HDFC)                                       6,719,827             9.58
ICICI BANK                                                                   6,670,966             9.51
SATYAM COMPUTER SERVICES                                                     6,344,142             9.05
INFOSYS TECHNOLOGIES                                                         4,431,448             6.32
TATA CONSULTING SVS LTD                                                      4,153,809             5.92
HERO HONDA                                                                   4,110,008             5.86
GRASIM INDUSTRIES                                                            3,531,642             5.04


Top 10 Portfolio Assets

NAME                                                                      Market Value      % Ttl Gross
                                                                                                 Assets
HOUSING DEVELOPMENT FINANCE CPN (HDFC)                                       6,719,827             9.58
ICICI BANK                                                                   6,670,966             9.51
SATYAM COMPUTER SERVICES                                                     6,344,142             9.05
INFOSYS TECHNOLOGIES                                                         4,431,448             6.32
HERO HONDA                                                                   4,110,008             5.86
GRASIM INDUSTRIES                                                            3,531,642             5.04
TATA CONSULTING SVS LTD                                                      3,261,083             4.65
OIL & NATURAL GAS                                                            2,911,479             4.15
BHARAT PETROL                                                                2,903,564             4.14
SUN PHARMACEUTICAL INDUSTRIES                                                2,833,603             4.04


END


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