Holding(s) in Company

Rights and Issues Inv Trust PLC
13 September 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

16,500

8) ( %) of issued Class

0.67%

9) Class of security

INCOME SHARES OF 25P EACH



10) Date of transaction

12 September 2002



11) Date company informed

13 September 2002

12) Total holding following this notification

453,500

13) Total percentage holding of issued class following this notification

18.44%

14) Any additional information

 Portfolios managed by Exeter Asset Mgmt Ltd hold 23.64%of the issued capital of
this class.



15) Name of contact and telephone number for queries

N. GHANDHI  0207-415-4130

16) Name and signature of authorised company official responsible for

making this notification

N.GHANDHI                         (CO SEC)

Date of Notification .....13 September 2002.............




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