Portfolio Update

Rights and Issues Inv Trust PLC
01 March 2007




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          8,019,000
White Young Green                      Ordinary          5,774,999
HBOS                                   Ordinary          5,675,250
Hill & Smith Holdings                  Ordinary          5,249,157
Colefax Group                          Ordinary          4,347,000
Low & Bonar                            Ordinary          4,320,000
Northern Rock                          Ordinary          3,685,500
VP                                     Ordinary          3,600,000
Thorpe F.W.                            Ordinary          3,200,000
Celsis Int'l                           Ordinary          3,105,000



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


The above information is as at 28th February 2007





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