Listing Rule 21.20

Bankers Investment Trust PLC
02 November 2004

THE BANKERS INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

2 NOVEMBER 2004



                        THE BANKERS INVESTMENT TRUST PLC

                                Listing Rule 21

In accordance with paragraph 21.20 (l) (ii) of the Listing Rules, The Bankers
Investment Trust PLC announces its ten largest investments, including all
investments with a value greater than 5% of its gross assets, as at 31 October
2004:

BP
HSBC
GlaxosmithKline
Shell Transport & Trading
Vodafone Group
Royal Bank of Scotland
HBOS
Lloyds TSB
Barclays
DIAGEO



                                    - ENDS -

For further information, please call:

Alex Crooke
Fund Manager
The Bankers Investment Trust PLC
Telephone: [phone]

Stephen Westwood
Head of Investment Trusts
Henderson Global Investors
Telephone: [phone]



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