Geographical Distribution

Brunner Investment Trust PLC
07 November 2003


                        THE BRUNNER INVESTMENT TRUST PLC


                      Geographical Distribution as at 31 October 2003

                                                     VALUE             %

CASH                                            51,401,806         21.11

UNITED KINGDOM                                 109,036,257         44.78

NORTH AMERICA                                   43,752,144         17.97

EUROPE                                          20,263,951          8.32

PACIFIC EX JAPAN                                 8,363,066          3.43

ASIA                                            10,199,039          4.19

LATIN AMERICA                                            0          0.00

Other Intl                                         496,386          0.20

Total Assets less Current Liabilities          243,512,649        100.00


Europe
   Austria                                       0          0.00%
   Denmark                               1,555,957          0.64%
   Eire                                          0          0.00%
   France                                2,785,302          1.14%
   Finland                                 946,022          0.39%
   Germany                               4,230,231          1.74%
   Greece                                        0          0.00%
   Italy                                 4,020,411          1.65%
   Netherlands                           2,012,212          0.83%
   Portugal                                      0          0.00%
   Russia                                        0          0.00%
   Spain                                         0          0.00%
   Sweden                                        0          0.00%
   Belgium                                       0          0.00%
   Switzerland                           4,713,815          1.94%
                                        20,263,951          8.33%

Other Pacific
   Australia                             3,350,408          1.38%
   New Zealand                             593,775          0.24%
   China                                                    0.00%
   Hong Kong                             3,218,244          1.32%
   Malaysia - incl Govett Asian Smlr                        0.00%
   Singapore                                                0.00%
   Taiwan                                  506,578          0.21%
   Korea                                   694,061          0.29%
                                         8,363,066          3.44%

Latin America

Latin America -  Brazil                          0          0.00%
                                                 0          0.00%


United Kingdom
UK total per valuation                 134,188,757         55.11%
Less Fixed Interest                    -25,152,500        -10.33%

                                       109,036,257         44.78%

North America
USA                                     42,998,548         17.66%
Canada                                     753,597          0.31%
Mexico                                           0          0.00%

                                        43,752,144         17.97%

Asia
Japan                                   10,199,039          4.19%
India - DRCM India Fund                          0          0.00%
                                        10,199,039          4.19%

Other Int'l
Other Int'l                                496,386          0.20%
                                           496,386          0.20%
TOTAL
                                       192,110,843


Enquiries:

K J Salt
Company Secretary
Tel: [phone]
7th November  2003


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