Grit Inv Tst Regulatory News (GRIT)

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Global Resources Investment Trust Plc (GRIT)

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

P

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Philip J Milton & Company Plc

4. Full name of shareholder(s)  (if different from 3.):iv

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

1 May 2015

6. Date on which issuer notified:

12 May 2015

7. Threshold(s) that is/are crossed orreached: vi, vii

13%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00BCKFVJ45

4897372

4897372

5289257

5289257

13.38%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

5289257

13.38%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

14. Contact name:

15. Contact telephone number:

Note: Annex should only be submitted to the FSA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Philip J Milton & Company Plc

Contact address

(registered office for legal entities)

Sterling House, 17 Joy Street, Barnstaple, EX31 1HE

Phone number & email

01271 344300

info@miltonpj.net

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Aidan McCarthy

Contact address

As Above

Phone number & email

01271 344300

aidan@miltonpj.net

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information

Discretionary managed investments for clients are held in the nominee names of our administrators, Quai and Transact. These are Transact Nominees Ltd and for Quai, it is Pershing Nominees Limited.

For notes on how to complete form TR-1 please see the FSA website.