Director/PDMR Shareholding

British & American Investment Trust PLC

Director/PDMR Shareholding

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS

1. Name of the issuer:

BRITISH & AMERICAN INVESTMENT TRUST PLC

2. State whether the notification relates to:

(i) a transaction notified in accordance with DTR 3.1.2R;

(ii) a disclosure made in accordance with LR 9.8.6R(1)

(iii) a disclosure made in accordance with section 793 of the Companies Act
(2006).

BOTH (i) AND (iii)

3. Name of person discharging managerial responsibilities/director:

JONATHAN C WOOLF

4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person:

NOT APPLICABLE

5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest:

AS IN 3 ABOVE

6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares:

ORDINARY £1 SHARES

7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them:

AS IN 3 ABOVE

8. State the nature of the transaction:

TRANSFER OF 920,000 SHARES TO PKL PICTURES LIMITED (A COMPANY 100% OWNED BY
PERSON NAMED IN 3 ABOVE)

9. Number of shares, debentures or financial instruments relating to shares
acquired:

NOT APPLICABLE

10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage):

NOT APPLICABLE

11. Number of shares, debentures or financial instruments relating to shares
disposed:

920,000

12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage):

3.68%

13. Price per share or value of transaction:

95p PER SHARE

14. Date and place of transaction:

8th SEPTEMBER 2009 LONDON

15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage):

460,812 ORDINARY SHARES (BENEFICIAL) 1.84% and 15,771,562 ORDINARY SHARES
63.09% (NON-BENEFICIAL)

16. Date issuer informed of transaction:

8th SEPTEMBER 2009

If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes

17. Date of grant:

-

18. Period during which or date on which it can be exercised:

-

19. Total amount paid (if any) for grant of the option:

-

20. Description of shares or debentures involved (class and number):

-

21. Exercise price (if fixed at time of grant) or indication that price is to
be fixed at the time of exercise:

-

22. Total number of shares or debentures over which options held following
notification:

-

23. Any additional information:

24. Name of contact and telephone number for queries:

KEITH WILLIAMS, COMPANY SECRETARY

TEL: [phone]

Name of authorised official of issuer responsible for making notification:

KEITH WILLIAMS

Date of notification:

8th SEPTEMBER 2009