For immediate release                                                                                            11 November 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

11 November 2022

GRIT Investment Trust plc

("GRIT" or "the Company")

Announcement of Voting Rights and Director's shareholdings

GRIT Investment Trust Plc (LSE: GRIT) hereby notifies the market, in accordance with the FCA's Disclosure Guidance and Transparency Rule 5.6.1, that the Company's issued share capital as at 11 November 2022 comprises 10,116,299 Ordinary Shares of 2.5p, each with one vote. There are no shares held in treasury. This increase in the share capital of the Company is a result of the recent conversion of £127,013.95 Convertible Loan Notes into 5,080,558 Ordinary Shares of 2.5p.

The total number of voting rights in the Company is therefore 10,116,299 shares and this figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

Following this increase in share capital , the holdings of Richard Lockwood, the Company's Chairman and Malcolm Burne, the Company's Director have both been diluted to 2.21% each. In addition, the Company has been notified by a shareholder, Philip J Milton & Company Plc, that following the increase in share capital, it has been diluted to 14.75% whilst maintaining its shareholding at 1,491,997 shares in the Company.

Enquiries:

GRIT Investment Trust plc

Martin Lampshire

Director

Tel: +44 (0) 20 3198 2554

Peterhouse Capital Limited (Broker)

Lucy Williams/Duncan Vasey

Tel: +44 (0)20 7469 0930