Rights and Issues Investment Trust plc (the "Company")

    Transaction in own shares

    The Company announces that on 16 August 2017 it purchased for cancellation
    2,446 Income Shares of £0.25 each at a price of £21.30 per share.

    Following the above transaction, the total number of Income Shares in issue is
    8,592,461. There are no shares held in treasury. This figure may be used by
    shareholders as the denominator for the calculations by which they will
    determine if they are required to notify their interest in, or a change to
    their interest in, the Company.

    Enquiries:

    George Bayer/Maria Matheou                
                                              
    Maitland Administration Services Limited  
                                              
    01245 398950                              
                                              
    Robert Finlay                             
                                              
    Stockdale Securities Limited              
                                              
    020 7601 6118