Director Shareholding

Brunner Investment Trust PLC
30 January 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1)  Name of company

The Brunner Investment Trust PLC

2)  Name of director

V P Bazalgette

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a non-

    beneficial interest or in the case of an individual holder if it is a

    holding of that person's spouse or children under the age of 18 or in

    respect of a non-beneficial interest

Director in 2 above.



4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them (if notified)



5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

Director in 2 above.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate if discretionary/non-discretionary

Shares in a non-discretionary PEP.

7)  Number of shares/amount of
    stock acquired

4,000



8)  Percentage of issued class



9)  Number of shares/amount
    of stock disposed

-

10) Percentage of issued class

-

11) Class of security

Ordinary 25p shares

12) Price per share

268.7p

13) Date of transaction

30 January 2004



14) Date company informed

30 January 2004


15) Total holding following this notification

4,000


16) Total percentage holding of issued class following this notification

0.007%

If a director has been granted options by the company please complete the
following boxes

17) Date of grant

-

18) Period during which or date on which exercisable

-

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

-

20) Description of shares or debentures involved: class, number

-

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

-

22) Total number of shares or debentures over which options held
    following this notification

-

23) Any additional information


-
24) Name of contact and telephone number for queries


Kirsten Salt 020 7065 1513


25) Name and signature of authorised company official responsible for
    making this notification


Kirsten Salt


Date of Notification 30 January 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange