Interim Management Statement

The AIM Distribution Trust plc
Interim Management Statement
for the three months ended 31 December 2007

In accordance with Rule 4.3 of the Disclosure and Transparency  Rules
of the UK Listing Authority, The AIM Distribution Trust plc  presents
an Interim Management Statement for  the three month period ended  31
December 2007.    The  statement  also  includes  relevant  financial
information between  the end  of  the period  and  the date  of  this
statement.

Dividends paid or declared in the period
On 28 November 2007, the Board  declared an interim dividend of  2.0p
per share.  This will be paid on 28 March 2008 to Shareholders on the
register at 29 February 2008.

Performance

                        31 Jan  31 Dec 30 Sept 31 March 30 Sept    31
                          2008    2007    2007     2007    2006 March
                                                                 2006
                         Pence   Pence   Pence    Pence   Pence Pence
Net Asset Value           55.7    59.1    65.3     64.1    65.1  70.0
("NAV")
Cumulative Dividends      53.8    53.8    53.8     53.8    51.8  51.8
Total Return *           109.5   112.9   119.1    117.9   116.9 121.8
* (NAV plus cumulative dividends paid
since launch)


Investment portfolio summary at 31 December 2007

                                                            Valuation
                                                             movement
                                                                since
                                                              30 Sept
                                             Cost Valuation    2007 *
                                            £'000     £'000
Ten largest investments by
value
Connaught plc               Full list          54       735      (11)
ANS Group plc               Listed on Plus    250       571        45
Aero Inventory plc                            196       555        67
Spice plc                                     302       451       148
Cadbury House Limited       Unquoted          319       319         -
Printing.com plc                              184       256     (110)
Glisten plc                                   155       252        12
Supporta plc                                  250       243      (72)
Deltex Medical Group plc                      258       232        23
Hill Station plc                              484       218     (135)

Other venture capital                                           (675)
investments                                 6,560     2,338
Listed fixed income                                              (13)
securities                                    558       613
Other investments                           1,108     1,123        42

Total                                      10,678     7,906     (679)


All investments are quoted on AIM unless otherwise stated.
* After accounting for purchases in period

Investment additions during the 3 months ended 31 December 2007

                                     Cost
                                    £'000
Spice plc                             302
Ludorum plc                            40
Cadbury House Limited                 319
Sundry venture capital  investments     1
                                      662


Since the period  end, the  Company has invested  £80,000 in  venture
capital investments.

Investment disposals during the 3 months ended 31 December 2007

                               Market
                             value at            Gain/(loss)    Total
                              1 April  Disposal    in period realised
                        Cost     2007  proceeds against cost     gain
                       £'000    £'000     £'000        £'000    £'000

Cadbury House Hotel &
Country Club Ltd         225      306       395          170       89
Revenue Assurance
Group plc                440      448       545          105       97
                         665      754       940          275      186


There have been no investment disposals since the period end.

Changes to share capital

                                 Ordinary Shares of
                                      25p each
                                      Shares  £'000
As at 1 October 2007              14,002,294  3,500
Shares bought back and cancelled   (192,323)   (48)
As at 31 December 2007            14,203,875  3,452


There have been no shares bought back for cancellation since the
period end.

Material events
Other than described above, there were no material events during  the
period from 1 October 2007 to 31 December 2007 or in the period  from
1 January 2008 to the date of this announcement.

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