Director Shareholding

Murray International Trust PLC
24 February 2004



                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

MURRAY INTERNATIONAL TRUST PLC

2) Name of director

ALFRED C SHEDDEN

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

AS IN 2

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

AS IN 2

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

AS IN 2

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

PURCHASE THROUGH INVESTMENT TRUST SAVINGS SCHEME

7) Number of shares/amount of
stock acquired

72

8) Percentage of issued class

0.00008%

9) Number of shares/amount
of stock disposed

-

10) Percentage of issued class

-

11) Class of security

ORDINARY 25p

12) Price per share

21 @ 381p XD

51 @ 389.9p

13) Date of transaction

21 on 16 February 2004

51 on 23 February 2004

14) Date company informed

STATEMENT RECEIVED FROM SCHEME ADMINISTRATOR 24 FEBRUARY 2004

15) Total holding following this notification

2,461 ORDINARY SHARES

16) Total percentage holding of issued class following this notification

0.003%

If a director has been granted options by the company please complete the
following boxes

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) Any additional information

24) Name of contact and telephone number for queries

ANNETTE JOHNSTON ON 0141 306 7530

25) Name and signature of authorised company official responsible for
making this notification
24 February 2004
Date of Notification..................................




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