Total Voting Rights

Merchants Trust PLC
02 January 2008


THE MERCHANTS TRUST PLC-VOTING RIGHTS AND CAPITAL

In accordance with its obligations under rule 5.6.1 of the Disclosure and
Transparency Rules, we would like to notify the market of the following:

As at 31 December 2007, The Merchants Trust PLC's capital consisted of:

Share class           Number of shares        Voting rights       Total voting
                      issued                  per share           rights

Ordinary shares       102,813,464             1                   102,813,464
of 25p

3.65% Cumulative      1,178,000               1                   1,178,000
Preference shares 
of £1

Total:                103,991,464                                 103,991,464


None of these shares are held in Treasury.

The above figures 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.

2 January 2008

Enquiries:
Kirsten Salt
Company Secretary

Tel: [phone]


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