Portfolio Update

Mid Wynd Inter Inv Trust PLC
05 January 2005


                  MID WYND INTERNATIONAL INVESTMENT TRUST PLC

   Statement of Top Ten Investments and all Holdings Over 5% of Total Assets


31 December 2004


No       Holding                                               % of Total Assets

1.       Baillie Gifford Pacific Fund                                 6.5%

2.       Golden West Financial                                        2.7%

3.       Altria                                                       2.0%

4.       Imperial Tobacco                                             1.9%

5.       Vodafone                                                     1.9%

6.       Moody's                                                      1.9%

7.       BTP Italy 2.15% IL 2014                                      1.8%

8.       Total Fina Elf                                               1.8%

9.       OAT France 3% IL 2009                                        1.8%

10.      Mohawk Industries                                            1.5%

                                                           Baillie Gifford & Co.

                                                             Company Secretaries

                                                                  5 January 2005


                      This information is provided by RNS
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