Quartrly Portfolio Disclosure

Murray International Trust PLC 05 January 2004 MURRAY INTERNATIONAL TRUST PLC In accordance with UKLA Listing Rule 21.20(l)(ii) as at 31 December 2003, the Company has no investments with a value greater than 5% of the Company's gross assets. A list of the 10 largest investments as at 31 December 2003 is detailed below: Security % Gross Assets ---------- ----------------- Atrium Underwriting 4.2 GlaxoSmithKline 2.6 BP 2.5 Shell Transport & Trading 2.4 Vodafone Group 2.0 Royal Bank of Scotland Group 1.6 Astrazeneca 1.5 Petrochina 1.4 Petrol Brasileiros 1.3 Barclays PLC 1.0 Aberdeen Asset Management Secretary to Murray International Trust PLC This information is provided by RNS The company news service from the London Stock Exchange
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