SAR - Resources Inv. Trust

RNS Number:3911U
Deutsche Bank AG London
19 January 2004

                                                                      FORM SAR 3

Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.

A copy must also be sent to the company the shares of which are acquired.

Date of disclosure 19/01/04




DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING

SUBSTANTIAL ACQUISITIONS OF SHARES ("SARs")

Date of acquisition 15/01/04




Acquisition in (name of company) Resources Investment Trust




1. Class of voting shares (eg ordinary shares) Ordinary




Number of shares/rights over shares acquired

100,000                                 Shares                         Rights

If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights




2. Resultant total holding of voting shares (and % of total voting shares in
issue)

 3,307,525                                            %16.3


Resultant total holding of rights over shares (and % of total voting shares in
issue)
                                                     %

Total percentage
16.3%

3. Party making disclosure

Deutsche Bank AG London


4. (a) Name of person acquiring shares or rights over shares

Deutsche Bank AG London




and, if different, beneficial owner

NA




(b) Names of any other persons acting by agreement or understanding (see SAR 5)


 NA

Signed, for and on behalf of the party named in (3) above




(Also print name of signatory)
Kelly-Jade Ledwich



Telephone and extension number
 00 44 20 7545 7804



Note.     Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section. Tel. No: 020 7638 0129.

Email:[e-mail]


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