Dividend Declaration

Rights and Issues Inv Trust PLC
23 November 2004


A Board meeting to consider the supplementary capital and preference dividends
for the above company was held at the registered address on 23rd November 2004.

The rate for the Supplementary Capital dividend is 49.0976p per Capital share
payable on 2nd January 2005 to shareholders on the register as at 3rd December
2004.

The rate for the Preference dividend is 5.5p per Preference share payable on 2nd
January 2005 to shareholders on the register as at 3rd December 2004.

N.D.Ghandhi
Secretary

23 November 2004


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