Portfolio Update

Rights and Issues Inv Trust PLC
04 September 2006


Rights and Issues Investment Trust Plc


In accordance with UKLA Listing Rule 21.20 (l) (ii), the following list
represents the Trust's ten largest investments and where appropriate, any
investment with a value greater than 5% of the Trust's gross assets:

                                       Class                         Value

RPS Group                              Ordinary                      6,135,750
HBOS                                   Ordinary                      5,263,125
White Young Green                      Ordinary                      4,392,207
Colefax Group                          Ordinary                      4,053,000
Low & Bonar                            Ordinary                      3,600,000
Hill & Smith Holdings                  Ordinary                      3,599,000
VP                                     Ordinary                      2,700,000
Celsis Int'l                           Ordinary                      2,550,000
Thorpe F.W.                            Ordinary                      2,500,000
Litho Supplies                         Ordinary                      2,393,200





Of the above RPS Group, HBOS, White Young Green and Colefax Group , have a
market value of greater than 5% of the Trust's gross assets.


The above information is as at 31st Aug 2006.




                      This information is provided by RNS
            The company news service from the London Stock Exchange