Purchase of Own Securities

BRUNNER INVESTMENT TRUST PLC
14 October 1999

The Company announces that on 14th October 1999 it re-purchased 28,000
Ordinary 25p Shares, (representing 0.04% of the issued class of capital), at
the price of 402p per Ordinary Share, for cancellation.

Settlement and cancellation of the re-purchased 28,000 Ordinary Shares is due
on 21st October 1999 when the issued share capital of the Trust will fall to
62,834,500 Ordinary 25p Shares.

Enquiries:-

Peter Longcroft
Company Secretary
0171 475 5617

As at 14th October 1999