Net Asset Value

MANCHESTER & LONDON INVESTMENT TRUST PLC

VALUATION AS AT 26th MARCH 2010

The unaudited fully diluted net asset value per share (including income) was
383.5p as at 26th March 2010.  

The unaudited fully diluted net asset value per share (including income),
including a provision for the interim dividend for the year ended 31st July
2010, was 378.5p as at 19th March 2010.  The dividend is payable on 30th April
2010 and the shares will be quoted ex-dividend on 31st March 2009.

The persons responsible for this announcement are the directors of Manchester &
London Investment Trust plc.  To the best of the knowledge and belief of the
directors (who have taken all reasonable care to ensure that such is the case)
the information contained in this announcement is in accordance with the facts
and does not omit anything likely to affect the import of such information.

 

For enquiries:

               

Manchester & London Investment Trust Plc - 0161 242 2899

Midas Investment Management Limited - 0161 228 1709