Transaction in Own Shares

Monks Investment Trust PLC
12 October 2005


The issuer advises that the following replaces the Purchase of Own Securities
released today at 16.57pm under RNS number 5950S.


                         The Monks Investment Trust PLC

                           Purchase of Own Securities


On 12 October 2005, the Company purchased for cancellation 3,500,000 ordinary
shares at a price of  234.25p.

There remain 287,360,295 ordinary shares in issue.

                                                           Baillie Gifford & Co.
                                                             Company Secretaries
                                                                 12 October 2005


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