Purchase of Own Securities

Monks Investment Trust PLC
20 January 2000


ON 19 JANUARY 2000, THE COMPANY PURCHASED FOR CANCELLATION 200,000 ORDINARY
SHARES AT A PRICE OF 945.00P PER ORDINARY SHARE, BRINGING THE TOTAL NUMBER OF
SHARES BOUGHT BACK TO 5,795,000.  THERE REMAINS 71,797,000 SHARES IN ISSUE.