RNS Number:3030S
Thompson Clive Investments PLC
20 November 2003


To:   Stock Exchange Announcements Office
From: Susan A Thompson, Company Secretary

Date: 20 November 2003


Thompson Clive Investments plc

Investment Policy

The Board of Thompson Clive Investments plc notes the publication of the
Investment Entities (Listing Rules and Conduct of Business) Instrument 2003 and
announces that it has been the Company's policy to restrict investment to below
15% of its gross assets in other listed investment companies (including listed
investment trusts).  Furthermore, in accordance with the policy announced on
28.10.2002, no further investment in listed companies will take place nor has
taken place since that date.


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