RNS Number:7880S
American Investment Trust Limited
02 December 2003



In accordance with UKLA Listing Rule 21.20 (1)(ii) the American Investment Trust
Limited announces the following portfolio disclosure as at 30 November 2003, in
other UK listed investment companies (including investment trusts) which
themselves do not have a stated invesment policy to invest no more than 15% of
their gross assets in other UK listed investment companies (including investment
trusts):


THE AMERICAN INVESTMENT TRUST LIMITED

Restricted Investment Trusts

NAME                                     Market Value   % Gross Assets
------                                   -------------- ----------------

MEDIA & INCOME TRUST ZERO DIV PREF SHS 1P           0             0.00

AMERICAN ZDP ZERO DIV PREF SHS 1P                   0             0.00

EDINBURGH LEVERAGE CUM RED CNV INC SHS          5,100             0.06
GBP0

EXETER ENHANCED INC FUND RED PREF SHS               0             0.00
GBP0.01

GARTMORE DISTRIBUTION TRUST ORD                 2,836             0.03
GBP0.01

INVESTMENT TRUST OF INV TST NEW ORD 5P         20,840             0.26

LMI AMERICAN ASSETS TRUST ORD GBP0.10               0             0.00

MORLEY ABSOLUTE GROWTH ORD GBP0.01              9,600             0.12

US GROWTH & INCOME TRUST ORD 25P                1,500             0.02

                                                Total             0.49
                                                -------


In addition to the above, there are a further 4 investment trust
holdings whose value has been written down to zero in the company's
portfolio.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

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