Portfolio Disclosure

RNS Number:8435T
Investment Trust of Inv Tst PLC
05 January 2004


The Investment Trust of Investment Trusts PLC

Pursuant to Listing Rule 21.20(l)(ii), The Investment Trust of Investment Trusts
PLC announces that, as at close of business on 31st December 2003, its ten
largest investments were as follows:

Name of Security   Number Middle market held valuation/#
 1   Property Acquisition & Management (Convertible)    1,000,000    1,025,000
 2   Aberdeen Development Capital                       1,820,000      987,350
 3   Invesco City Merchants High Yield Trust              515,000      986,225
 4   Martin Currie Enhanced Income Trust                2,310,000      906,675
 5   Invesco Recovery Trust 2005                        1,050,000      847,875
 6   Edinburgh High Income Fund                         1,400,000      819,000
 7   Premier Pacific Income Fund                        1,650,000      726,000
 8   Edinburgh Income and Value Trust                     500,000      520,000
 9   JP Morgan Fleming Worldwide                        1,280,000      428,800
10   Premium Trust (Income)                             1,781,100      400,747

 There were no other investments with a value greater than 5% of the Company's
total assets.

A monthly fact sheet for the Company is available on request from the Company
Secretaries and from www.jupiteronline.co.uk.

By order of the Board.
Jupiter Asset Management Limited, Company Secretaries.




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

END
PFUEASFSEENLEFE