Net Asset Value

MANCHESTER & LONDON INVESTMENT TRUST PLC

VALUATION AS AT 11th DECEMBER 2009

The unaudited fully diluted net asset value per share (including income) was
359.6p as at 11th December 2009.  

For enquiries:
               

Manchester & London Investment Trust Plc - 0161 242 2899

Midas Investment Management Limited - 0161 228 1709