Interim Management Statement

The AIM Distribution Trust plc
Interim Management Statement
for the three months ended 30 June 2008

In accordance with Rule 4.3 of the Disclosure and Transparency  Rules
of the UK Listing Authority, The AIM Distribution Trust plc  presents
an Interim Management Statement for  the three month period ended  30
June  2008.    The  statement   also  includes   relevant   financial
information between  the end  of  the period  and  the date  of  this
statement.

Dividends paid or declared in the period
No dividends were declared or paid during the period

Performance

                        31 Jul 30 Jun 31 Mar 30 Sept
                          2008   2008   2008    2007
                         Pence  Pence  Pence   Pence
Net Asset Value ("NAV")   48.1   50.2   50.3    65.3
Cumulative Dividends      55.8   55.8   55.8    53.8
Total Return *           103.9  106.0  106.1   119.1

* NAV plus cumulative dividends paid since launch

Investment portfolio summary at 30 June 2008


                                                            Valuation
                                             Cost Valuation  movement
                                            £'000     £'000
Ten largest investments by value
ANS Group plc                                 250       552      (15)
Connaught plc                    Full list     30       507        53
Hill Station plc                              664       431        34
Spice plc                                     270       427        95
Cadbury House Limited            Unquoted     319       319         -
Aero Inventory plc                            115       283      (15)
Printing.com plc                              178       254       (7)
Doubletake Portraits Ltd         Unquoted     250       250         -
Atlantic Global plc                           310       186        25
Supporta plc                                  250       178        39

Subtotal                                    2,636     3,387       209
Other venture capital                                           (147)
investments                                 6,377     1,721
Listed fixed income securities                558       455     (114)
Other investments                           1,108     1,147        21

Total                                      10,679     6,710      (31)


All investments are quoted on AIM unless otherwise stated.

Investment additions during the three month period ended 30 June 2008

                                    Cost
                                   £'000
Hoole Hall Spa and Leisure Limited   100
Hill Station plc                     100
                                     200


The Company  has  made no  material  investment purchases  since  the
period end.






Investment disposals during the three month period ended 30 June 2008

                           Market
                         value at            Gain/(loss)    Total
                          1 April  Disposal    in period realised
                    Cost     2008  proceeds against cost     gain
                   £'000    £'000     £'000        £'000    £'000
Aero Inventory plc    22       57        55           33      (2)
Connaught plc          5       76        77           72        1
Printing.com plc       5        9        10            5        1
Spice plc             33       40        51           18       11
Straight plc          33       13        23         (10)       10
Triple Arc plc       247       12        49        (198)       37
                     345      207       265         (80)       58


Since the period end, the Company disposed of partial holdings in
three investments, receiving proceeds of £66,492.

Changes to share capital

                                 Ordinary Shares of
                                      25p each
                                      Shares  £'000
As at 1 April 2008                13,586,073  3,396
Shares bought back and cancelled           -      -
As at 30 June 2008                13,586,073  3,396


Since 1 July, the Company purchased 313,937 ordinary shares for
cancellation at a price of 45.0p per share.

Material events
Other than described above, there were no material events during  the
period from 1 April 2008 to 30 June 2008 or in the period from 1 July
2008 to the date of this announcement.

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