Ten Largest Investments

Investment Company PLC
04 August 2006





The Investment Company plc

Ten Largest Investments


The Investment Company plc announces that, as at 30th June 2006, its ten largest
investments were as follows:


Investments over 5% of total assets

     Stock                                            Shares             % of portfolio

1.   Delta
     4.5% 2nd cum pref £1                            1,035,580
     6% 1st cum pref £1                                387,047                    9.11

2.   REA Holdings
     9% cum pref £1                                    960,009                    7.63
                                                                         
3.   Whitbread Hotel Co
     4.5% 'A' cum pref £1                              546,640
     6.5% 'A' cum pref £1                              496,037                    7.44



Investments under 5% of total assets


      Stock                                           Shares             % of portfolio

4.    Equitable Life Finance
      8% sub gtd bonds 2049                           600,000                     4.41

5.    Coats International
      6% red pref stock £1                            624,347                     4.22

6.    Fishguard & Rosslare Railways &
      Harbour Co
      3.5% gtd pref stock £1                          775,999                     3.95

7.    Dunlop Plantations
      6% cum pref £1                                  538,493                     3.21

8.    Amalgamated Metal
      5.4% cum pref stock £1                          256,065
      6% cum pref £1                                  213,510                     2.97

9.    Fiske                                           455,000                     2.75
      Ordinary 25p

10.   Libra Natural Resources                         300,000                     2.70
      8% gtd conv bonds 2010

      Total                                                                      48.39




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