Repayment of Bank Debt

RNS Number:3750Q
Investment Trust of Inv Tst PLC
30 September 2003



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


The board announces that #400,000 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 #30,814.


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 29th September 2003 the Company's total assets were
estimated by Jupiter Asset Management Limited to have been #12,447,591
representing 67.5% of the #18,450,000 drawn down under the Facility. The balance
of the Facility drawn down following the repayment is #18,050,000.


Enquiries:


Gerry Absalom - Company Secretary - 020 7314 4785


Richard Pavry - Jupiter Asset Management Limited - 020 7412 0703






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

END
MSCURVNRORRKOAR