Statement re Investments

    Govett Enhanced Income Investment Trust PLC

Announcement under UKLA listing rule 21.20(l)

As at 30 November 2003, the Company had the following investments in companies
that do not have a stated investment policy to invest no more than 15% of their
gross assets in other UK listed investment companies (including investment
trusts) and which must therefore be disclosed in accordance with UKLA Listing
Rule 21.20(l)(i):

BFS ABSOLUTE RETURN TST GRD ORD UTS                                         
                                                                            
BFS MANAGED PROPERTIES ORD GBP0.25                                          
                                                                            
BRITANNIC UK INCOME ORD GBP0.01                                             
                                                                            
BFS SMALL COMPANIES DIVIDEND TRUST ORD 25P                                  
                                                                            
EXETER ENHANCED INCOME ORD 25P                                              
                                                                            
EXETER SELECTIVE ASSET ORD GBP0.01                                          
                                                                            
FRAMLINGTON GLOBAL FINANCIAL & INCOME FND                                   
                                                                            
GARTMORE BALANCED ASSETS TRUST ORD GBP1                                     
                                                                            
GEARED OPPORTUNITIES INC TRUST ORD 1P                                       
                                                                            
LMI AMERICAN ASSETS TRUST ORD GBP0.10                                       
                                                                            
LEGG MASON INV INCOME & GROWTH REDEEMABLE PREF SHS                          
                                                                            
MEDIA & INCOME TRUST ORD GBP0.025                                           
                                                                            
MURRAY JAPAN GROWTH & INCOME FUND WTS TO SUB FOR ORD                        
                                                                            
RECOVERY TRUST INC SHS ORD GBP0.01                                          
                                                                            
QUARTERLY HIGH INCOME TRUST ORD GBP0.25                                     

The aggregate value of the investments listed above represents less than 1.4%
of the Company's gross assets at 30 November 2003.

The largest individual holding in the above list represents less than 1% of the
Company's gross assets at 30 November 2003.



END