Month End Portfolio Info

Investors Capital Trust PLC
13 June 2007



Investors Capital Trust plc - ordinary units

ALL DATA AS AT 31st May 2007


THIS DATA WILL BE AVAILABLE ON THE F&C ASSET MANAGEMENT WEB-SITE, 
http://www.fandc.com/ FROM APPROXIMATELY 18th June 2007.


Top ten equity holdings

Royal Dutch Shell 4.2%
BP 3.7%
Vodafone Group 3.2%
Royal Bank of Scotland Group 3.0%
GlaxoSmithkline 3.0%
HSBC Holdings 2.9%
Tesco 2.2%
Imperial Tobacco 1.8%
National Grid 1.8%
AstraZeneca 1.7%

Total  27.5%


Top ten bond holdings

Cattles 8.625% 07/12/07  0.7%
Commerzbank 7.875% 07/12/07 0.6%
Dresdner Bank 7.75% 07/12/07 0.6%
EMI 8.25% 20/05/08 0.6%
Canandaigua Brand 8.5% 15/11/09 0.6%
Slough Estates 7.125% 17/02/10  0.6%
Daimler 5.125% 04/02/08 0.5%
Reliance Industries 8.75% 13/08/07 0.5%
Ford Credit 7.25% 07/12/07 0.5%
Countrywide 5.875 15/12/08 0.5%

Total  5.7%


Sector allocation

FTSE 100     60.4%
FTSE 250     8.9%
Cash and Fixed Interest   30.7%

Total    100.0%


Actual gearing:  85.7
Potential gearing:  123.6




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