Holding(s) in Company

Rights and Issues Inv Trust PLC
22 March 2002


DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1) NAME OF COMPANY

RIGHTS AND ISSUES INVESTMENT TRUST PLC

2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

EXETER SELECTIVE ASSETS INVESTMENT TRUST PLC

3) Please state whether notification indicates that it is in respect of
holding of the Shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them.

As per 2) above

5) Number of shares/amount of stock acquired.



6) (%) of issued Class



7) Number of shares/amount of stock disposed

30,000

8) ( %) of issued Class

1.22%

9) Class of security

INCOME SHARES OF 25P EACH



10) Date of transaction

22nd March 2002



11) Date company informed

22nd March 2002



12) Total holding following this notification

540,000

13) Total percentage holding of issued class following this notification

21.95%

14) Any additional information


15) Name of contact and telephone number for queries

SIMON KNOTT 0207-415-4130

16) Name and signature of authorised company official responsible for
making this notification

SIMON KNOTT                   (DIRECTOR)

Date of Notification .....22nd March 2002.............


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