Top Ten Investments

Investment Company PLC
17 July 2007







The Investment Company plc

Ten Largest Investments


The Investment Company plc announces that, as at 30 June 2007, its ten largest
investments were as follows:



Investments over 5% of total assets




     Stock                                                                Shares             % of portfolio

1.   REA Holdings
     9% cum pref £1                                                      860,009
     9.5% Gtd Notes 31/12/15/17                                          150,000                       8.19

2.   Delta
     4.5% 2nd cum pref £1                                              1,380,099                       8.13

3.   Whitbread Hotel Co
     4.5% 'A' cum pref £1                                                546,640
     6.5% 'A' cum pref £1                                                496,037                       7.23

4.   Fiske
     Ordinary 25p                                                      1,071,000                       6.19



Investments under 5% of total assets


      Stock                                                              Shares             % of portfolio
5.    Equitable Life Finance
      8% sub gtd bonds 2049                                             600,000                       4.41

6.    Coats International
      6% red pref stock £1                                              624,347                       4.27

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

8.    Satcom Group Holdings
      8% Conv Bonds 30/06/09                                            280,000
      8% Conv Bonds 31/12/10                                            100,000                       3.48

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

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

      Total                                                                                          52.03




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