Purchase of Own Securities

Murray Income Trust PLC
2 December 1999


MURRAY INCOME TRUST PLC - SHARE BUY-BACK

On 2 December 1999 Murray Income Trust PLC purchased for cancellation 150,000 of
its own ordinary shares at 454p per share.

Following the transaction the company's issued ordinary share capital is
83,153,862 ordinary shares of 25p each.