Directors' Dealings

Murray Income Trust PLC
4 February 2000


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
MURRAY INCOME TRUST PLC

2   Name of director:
SIR RAYMOND JOHNSTONE

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
LADY SUSAN SARA JOHNSTONE (SPOUSE)

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
SIR RAYMOND JOHNSTONE (BENEFICIAL)              1,000
LADY SUSAN SARA JOHNSTONE (BENEFICIAL)          5,722
SIR RAYMOND JOHNSTONE (NON BENEFICIAL)          6,651

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
WIFE - LADY SUSAN SARA JOHNSTONE

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
ADDITION TO PERSONAL EQUITY PLAN FOR LADY SUSAN SARA JOHNSTONE

7   Number of shares/amount of stock acquired:
49

8   Percentage of issued class:
0.00006%

9   Number of shares/amount of stock disposed:
-

10  Percentage of issued class:
-

11  Class of security:
ORDINARY

12  Price per share:
8 @ 444p    41 @ 436p

13  Date of transaction:
8 on 23.12.99    41 on 14.1.00

14  Date company informed:
STATEMENT RECEIVED FROM PEP ADMINISTRATOR 4.2.00

15  Total holding following this notification:
BENEFICIAL 6,722, NON BENEFICIAL 6,651

16  Total percentage holding of issued class following this notification:
BENEFICIAL 0.008%, NON BENEFICIAL 0.008%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:


18  Period during which or date on which exercisable:


19  Total amount paid (if any) for grant of the option:


20  Description of shares or debentures involved: class, number:


21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:


22  Total number of shares or debentures over which options held following
this notification:


23  Contact name for queries:
PAT BARNES

24  Contact telephone number:
0141 225 3041

25  Name of company official responsible for making notification:
P M BARNES

Additional Information:

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