Manchester&lon. Regulatory News (MNL)

Manchester & London Investment Trust plc Top 15 Holdings - 5 June 2014 AIFMD approaches so we have slimmed down our gross assets to fit below the Euro100m threshold. This reduction in exposure will reduce our trading activity andhence it is very likely to affect the level of dividends paid out for futurefinancial periods. Nonetheless, we will strive to do our very best to overcomethe roadblocks that the EU seems intent on presenting to us. Subsequently, post release of our May 2014 Factsheet our top 15 positions(calculated as assets less delta exposure of sold covered call options) as atclose of business 4 June 2014 are as follows: Top 15 Holdings %PZ Cussons plc 23.2S&P 500 Index Shorts (15.9)Glencore Xstrata plc 11.1Diageo plc 8.4Standard Chartered plc 8.2Afren plc 7.7AstraZeneca plc 6.8Jardine Matheson Holdings Ltd 6.4BG Group plc 5.3bioMérieux SA 4.3Syngenta International AG 4.2Unilever plc 3.9Rio Tinto plc 3.2KWS SAAT AG 3.0Echo Entertainment Group Ltd 2.6 82.4 A summary of the entire portfolio is published in the annual and half yearreports and will be included in future Interim Management Statements. For enquiries: Manchester & London Investment Trust Plc - 0161 242 2899Midas Investment Management Limited - 0161 228 1709