Total Voting Rights

Merchants Trust PLC
29 December 2006

THE MERCHANTS TRUST PLC-VOTING RIGHTS AND CAPITAL

In conformity with the Transparency Directive's transitional provision 6 we
would like to notify the market of the following:

The Merchants Trust PLC's capital consists of  103,759,877 ordinary shares with
voting rights.  The Merchants Trust PLC holds no ordinary shares in Treasury.

Therefore, the total number of voting rights in The Merchants Trust PLC is
103,759,877.

The above figure (103,759,877) may be used by shareholders as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, The Merchants  Trust PLC
under the FSA's Disclosure and Transparency Rules.

29 December 2006

Enquiries:
Kirsten Salt
Company Secretary

Tel: [phone]




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