TIDMABNY

RNS Number : 0322H

Albany Investment Trust PLC

23 May 2011

Albany Investment Trust Plc

Interim Management Statement as at 23 May 2011

This Interim Management Statement is provided in accordance with Rule 4.3 of the Disclosure and Transparency Rules and also includes relevant information in respect of the period from 1 March 2011 to the date of issue of this announcement. This statement has been prepared solely to provide additional information in order to meet the relevant requirements Disclosure and Transparency Rules, and should not be relied on by shareholders, or any other party, for any other purpose.

Investment Objective:

To invest in a wide variety of quality stocks both in the UK and abroad, seeking consistent growth in capital and income.

Recent Material Events:

The board announced a final dividend of 6.3p. The shares will trade XD on 15(th) June 2011 and will pay on 19(th) July 2011.

Performance/Portfolio Information

Net Asset Value: (rolling 6 months)

 
                   FTSE ALL SHARE         ALBANY INVESTMENT TRUST 
                Index     %                  NAV     %                Price   Discount 
 
 30/10/2010   2936.15            100.00   317.74            100.00   257.50    18.96 
 30/11/2010   2861.61   -2.54%    97.46   310.67   -2.23%    97.77   261.50    15.83 
 31/12/2010   3062.85    7.03%   104.32   333.25    7.27%   104.88   271.00    18.68 
 31/01/2011   3044.27   -0.61%   103.68   333.35    0.03%   104.91   285.50    14.35 
 28/02/2011   3106.58    2.05%   105.80   336.95    1.08%   106.05   285.50    15.27 
 31/03/2011   3067.73   -1.25%   104.48   331.29   -1.68%   104.26   277.50    16.24 
 30/04/2011   3155.03    2.85%   107.45   336.67    1.62%   105.96   286.50    14.90

Sector Breakdown:

 
 Oil & Gas                        15.45% 
 Consumer                         14.20% 
 Telecomms & Technology           12.31% 
 Insurance & General 
  Financial                        9.61% 
 Cash & Fixed Income               6.63% 
 Banks                             6.48% 
 Pharmaceutical                    6.40% 
 Utilities & Infrastructure        5.86% 
 Mining                            5.78% 
 Media                             5.66% 
 Industrial                        3.98% 
 Agriculture                       2.84% 
 Support Services                  2.50% 
 Real Estate                       1.96%

Top Ten Holdings:

Rank Investment % of Portfolio Previous rank

1 Cash 4.84% ()

2 Vodafone 3.89% (4)

3 Royal Dutch Shell 3.86% (5)

4 BAT 3.85% (2)

5 BP 3.60% (10)

6 BG 3.44% (1)

7 Glaxosmithkline 3.33% ()

8 Astrazeneca 3.07% ()

8 Centrica 3.07% (6)

10 Pearson 3.02% ()

Top ten concentration: 35.97%

No. of holdings: 48

Enquiries:

Albany Investment Trust PLC

Tel. 0151 236 6666

Tom Evans

This information is provided by RNS

The company news service from the London Stock Exchange

END

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