Holding(s) in Company

Rights and Issues Inv Trust PLC
06 December 2004


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


W.R.T  named above


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

number of shares held by each of them.

HSBC Bank

5) Number of shares/amount of stock acquired.


6) (%) of issued Class


7) Number of shares/amount of stock disposed

25,000

8) ( %) of issued Class

1.02%

9) Class of security

INCOME SHARES OF 25P EACH


10) Date of transaction

02 December 2004


11) Date company informed

06 December 2004

12) Total holding following this notification

87,800

13) Total percentage holding of issued class following this notification

3.57%

14) Any additional information


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 ...06 December 2004.............



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