Portfolio Update

Brunner Investment Trust PLC
4 May 2005

                                  THE BRUNNER INVESTMENT TRUST PLC

                                TOP 10 HOLDINGS AS AT 29 April 2005

Stock Name                                      Market Value            %
                                                     £

Treasury 4.5 7/3/07                               25,162,024           10.32
HSBC                                               8,106,723            3.33
BP                                                 7,497,216            3.08
GlaxoSmithKline                                    7,484,199            3.07
Vodafone                                           6,663,542            2.73
Royal Bank of Scotland                             6,479,214            2.66
Barclays                                           5,178,415            2.12
BG                                                 4,639,707            1.90
BHP Billiton                                       4,427,631            1.82
Allied Domecq                                      4,102,332            1.68

Total Gross Assets                               243,720,495




Enquiries:

Kirsten Salt
Company Secretary
Tel: [phone]

4 May 2005






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