Repayment of Bank Debt

RNS Number:3606J
Investment Trust of Inv Tst PLC
28 March 2003



The Investment Trust of Investment Trusts PLC (the "Company") - Repayment of
Bank Debt



The board announces that #250,000 of the sum drawn down under its loan facility
with Bank of Scotland (the "Facility") was repaid today together with associated
interest rate break costs of #25,168.



The total assets of the Company are required to represent in excess of 165% of
the amount drawn down under the Facility in accordance with its terms. As at
close of business on 27th March 2003 the Company's total assets were estimated
by Jupiter Asset Management Limited to have been #10,403,400 representing 54.9%
of the #18,950,000 drawn down under the Facility. The balance of the Facility
drawn down following the repayment is #18,700,000.



Enquiries:



Thomas Elliott - Company Secretary - 020 7412 0703



Andrew Watkins / Richard Pavry - Jupiter Asset Management Limited - 
020 7412 0703


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