Final Results

RNS Number:3237H
Investec Investment Trust PLC
23 July 2001


INVESTEC INVESTMENT TRUST PLC

PRELIMINARY ANNOUNCEMENT

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2001
 
                                              2001           2000
                                              #000           #000

Income from other fixed investments              -             11

Investment gains                                 -             10  

Administrative expenses                         (4)           (10)

(Loss)/profit on ordinary activities
 before taxation                                (4)            11

Tax on (loss)/profit on ordinary activities      -              -

(Loss)/profit on ordinary activities
 after taxation                                 (4)            11 

Dividends on preference stock                  (62)           (69)

Retained loss for the financial year           (66)           (58)

 
Net assets                                  29,542         29,608

Non Equity shareholders funds               (1,645)        (1,645) 

Ordinary shareholders funds                 27,897         27,963   
                                             


Notes

1. Investec Group Investments (UK) Limited, a wholly-owned subsidiary of        
   Investec Bank (UK) Limited, owns all of the ordinary shares of the company,  
   #266,586 of the nominal 3.5 per cent cumulative preference stock and #96,612 
   of the nominal 5 per cent preference stock, in issue. The issued #1,300,000  
   nominal 3.5 per cent and #345,438 nominal 5 per cent cumulative preference   
   stocks are listed on the London Stock Exchange.

2. Surplus liquidity arising from time to time was loaned by the company during 
   the period on an interest free basis to its immediate parent company,        
   Investec Group Investments (UK) Limited. The loan is repayable on demand and 
   the company has the right, at any time and at its sole discretion, to charge 
   interest thereon at a commercial rate.

3  The tax charge is based on the effective tax rate for the full year.

4. No dividend is proposed in respect of the ordinary shares (2000:#Nil).

5. The above financial information is an abridged version of the company's full 
   accounts which have not yet been filed with the Registrar of Companies.

6. The Report and Financial Statements will be posted to holders of preference  
   stocks of the company and copies are available, upon request, at the         
   Registered Office of the company.
 
   Registered Office:
   2 Gresham Street London EC2V 7QP

   Registered in England No 328206