REI Resources It

    TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Resources Investment Trust Plc

2. Reason for the notification                                        State    
                                                                     Yes/No    
                                                                               
An acquisition or disposal of voting rights                            Yes     
                                                                               
An acquisition or disposal of financial instruments which may                  
result in the                                                                  
acquisition of shares already issued to which voting rights are                
attached                                                                       
                                                                               
An event changing the breakdown of voting rights - See C.                      
Additional Information                                                         
                                                                               
Other (please specify):                                                        

3. Full name of person(s) subject to the notification obligation    CG Asset   
(iii):                                                             Management  
                                                                     Limited   
                                                                               
4. Full name of shareholder(s) (if different from 3.) (iv):          Smith &   
                                                                   Williamson  
                                                                  Nominees and 
                                                                    Nortrust   
                                                                    Nominees   
                                                                               
5. Date of the transaction (and date on which the threshold is    14 March 2008
crossed                                                                        
or reached if different) (v):                                                  
                                                                               
6. Date on which issuer notified:                                 17 March 2008
                                                                               
7. Threshold(s) that is/are crossed or reached:                        25%     
                                                                               
8. Notified details:                                                 Nominee   
                                                                    Holdings   

A: Voting rights attached to shares

 Class/type of   Situation previous  Resulting situation after the triggering  
     shares              to                      transaction (vii)             
  if possible      the Triggering                                              
 using the ISIN   transaction (vi)                                             
      CODE                                                                     
                                                                               
                  Number   Number    Number  Number of voting    % of voting   
                    of       of        of      rights (ix)         rights      
                  Shares   Voting    shares                                    
                           Rights                                              
                           (viii)                                              
                                                                               
                                     Direct  Direct  Indirect  Direct  Indirect
                                               (x)     (xi)                    
                                                                               
    Ordinary               316,649                   366,649            28.94% 
                                                                               
  GB0030983141                                                                 
                                                                               

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

   Type of     Expiration       Exercise/        Number of voting       % of   
  financial    date (xiii)      Conversion      rights that may be     voting  
 instrument                 Period/ Date (xiv)    acquired if the      rights  
                                                    instrument                 
                                                   is exercised/               
                                                     converted                 
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 % of voting rights                     
                                                                               
366,649                                 28.94%                                 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are
effectively held, if applicable (xv):

Smith & Williamson Nominees for Capital Gearing Trust - 20.97%                 
                                                                               
Nortrust Nominees for CG Portfolio Fund Limited - 7.97%                        

Proxy Voting:


10. Name of the proxy holder:                                                  
                                                                               
11. Number of voting rights proxy holder will cease to hold:                   
                                                                               
12. Date on which proxy holder will cease to hold voting                       
rights:                                                                        

13. Additional information:                                                    
                                                                               
14. Contact name:                                                              
                                                                               
15. Contact telephone number:                                                  



END

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