Directors' Interests

RIT Capital Partners PLC
17 March 2006


Directors' Interests


Grants of Share Appreciation Rights ('SARs') over £1 ordinary shares of RIT
Capital Partners plc ('RITCP') have today been made to the following directors,
under the terms of the J. Rothschild Capital Management Share Appreciation
Rights Plan, as follows:

Director           SAR exercise price     Notional no. of RITCP ord. shares

Lord Rothschild                985p         121,827
Duncan Budge                   985p          81,218
David Haysey                   985p          60,913


SAR grants entitle the holder to the payment of a bonus between the third and
tenth anniversaries of the relevant date of grant, calculated by reference to a
notional number of RITCP £1 ordinary shares. The bonus will amount to the
increase in the RITCP share price at the time of exercise over the above SAR 
exercise prices, multiplied by the notional number of shares.


In each of the cases above, the SARs awarded shall be exercisable between 17
March 2009 and 16 March 2016, conditional upon the performance hurdle being
achieved in the three years' vesting period ending on 17 March 2009. The hurdle
is calculated by reference to the RITCP share price plus dividends paid, which
must exceed RPI plus 3% per annum.


Following the grants made today, the outstanding SARs held by the directors are
as follows:

Director         Notional no.               SAR            Dates exercisable
                 of RITCP ord. shares       exercisable 
                                            price

Lord                       262,467           381.0p       26 Mar 06 - 25 Mar 13
Rothschild                                                    
                           152,672           786.0p       19 Jul 08 - 18 Jul 15
                                                               
                           121,827           985.0p       17 Mar 09 - 16 Mar 16
                                                              

Duncan Budge               262,467           381.0p       26 Mar 06 - 25 Mar 13
                                                              
                           101,781           786.0p       19 Jul 08 - 18 Jul 15
                                                              
                            81,218           985.0p       17 Mar 09 - 16 Mar 16 
                                                            

David Haysey               124,922           800.5p       30 Aug 08 - 29 Aug 15
                                                              
                            60,913           985.0p       17 Mar 09 - 16 Mar 16
                                                              




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