Transaction in Own Shares

Bankers Investment Trust PLC
05 January 2005

THE BANKERS INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

5 JANUARY 2005


                        THE BANKERS INVESTMENT TRUST PLC

                    Market Purchase of Company's Own Shares


Notification is given that pursuant to the authority granted at the Annual
General Meeting of the Company held on 20 February 2004 to make market purchases
of the Company's own shares of 25p, a market purchase of 20,000 ordinary shares
in the capital of the Company was made today at a price of 279.00p per share.



Following this purchase and cancellation there are 123,370,940 shares in issue.



                                     -ENDS-





For further information please contact:



Alex Crooke

The Bankers Investment Trust PLC

Telephone: [phone]



Stephen Westwood

Head of Investment Trusts, Henderson Global Investors

Telephone: [phone]




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