Portfolio Update

Lindsell Train Investment Trust PLC
03 January 2008



THE LINDSELL TRAIN INVESTMENT TRUST PLC

Under Listing Rule 15.6.8 (1) the Company announces that as at 31 December 2007 it had no holdings in other UK listed
investment companies (including listed investment trusts) not having a stated policy to invest no more than 15% of
gross assets in other listed UK investment companies (including listed investment trusts).





In accordance with Listing Rule 15.6.8 (2) The Lindsell Train Investment Trust PLC announces that at 31 December 2007
its ten largest investments were as follows:


Company                                                             Market Value (£)        Percentage of
                                                                                                portfolio
Nintendo Co Ltd JPY50                                                      4,492,310                11.74
Lindsell Train Global Media (Distributor) Inc 'A'                          4,056,899                10.60
Cadbury Schweppes PLC Ord 12.5p                                            3,040,450                 7.95
HBOS 9.25% Non-Cum Irredeemable Pref GBP1                                  2,967,707                 7.76
Barr (AG) PLC Ordinary 25p                                                 2,869,717                 7.50
Diageo PLC Ordinary 28.935185p                                             2,503,280                 6.54
Lindsell Train Limited                                                     2,466,791                 6.45
Lindsell Train Japan (Distributor) Inc                                     2,044,563                 5.34
2.5% Consolidated Loan Stock                                               1,886,050                 4.93
Marston's Plc Ord 7.375p                                                   1,677,958                 4.38
Total                                                                     28,005,725                73.19

There were no additional investments with a value greater than 5% of the
Company's portfolio.

Phoenix Administration Services Limited - Secretary

3 January 2008


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