Portfolio Update

Brunner Investment Trust PLC
04 January 2006

THE BRUNNER INVESTMENT TRUST

In accordance with the Listing Rule 15.4.11 (1), the Company announces that at
close of business on 30 December 2005 it had the following investments in other
listed investment companies and listed investment trusts which themselves do not
have stated investment policies to invest no more than 15% of their gross assets
in other listed investment companies or listed investment trusts:

None.

Enquiries:
Kirsten Salt
Tel: [phone]
4 January 2006



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