Top 10 Holdings

Shires Income PLC
03 April 2007


3 April 2007


SHIRES INCOME PLC


In accordance with UKLA Listing Rule 21.20 (1) (ii), Shires Income PLC announces
that at 31 March 2007 the ten largest investments held were as follows:

Company                                            £     % of
                                                     Total Assets

Shires Smaller Companies                  11,780,000      9.6
Gen Accident Prefs                         6,641,250      5.4
Ryl & SunAlliance Pref Shares              5,787,500      4.7
Vodafone Group                             5,723,358      4.7
Legal & General Group                      5,561,500      4.6
Lloyds TSB Group                           5,175,375      4.2
Pennon Group                               4,905,600      4.0
Prudential                                 4,710,296      3.9
Aviva Pref Shares                          4,568,850      3.7
Mackintosh High Income Fund                4,567,263      3.7



Shires Income plc is managed by Glasgow Investment Managers Limited




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