Holding(s) in Company

Rights and Issues Inv Trust PLC
17 June 2003


DEALINGS BY SUBSTANTIAL SHAREHOLDERS



1) NAME OF COMPANY

RIGHTS AND ISSUES INVESTMENT TRUST PLC

2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

GERRARD LTD

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

AGGREGATE DISCLOSURE POSITION MADE BY  GERRARD LTD.

4) Name of the registered holder(s) and, if more than one holder, the

number of shares held by each of them.



5) Number of shares/amount of stock acquired.



6) (%) of issued Class



7) Number of shares/amount of stock disposed



8) ( %) of issued Class



9) Class of security

CAPITAL  SHARES OF 25P EACH



10) Date of transaction

16 JUNE 2003



11) Date company informed

17 June 2003



12) Total holding following this notification

323,371

13) Total percentage holding of issued class following this notification

19.72%

14) Any additional information



15) Name of contact and telephone number for queries

N.D.GHANDHI          020-7415-4130

16) Name and signature of authorised company official responsible for

making this notification

NARIMAN GHANDHI                       (CO SEC)

Date of Notification ...17 June 2003.............




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