Transaction in Own Shares

Electra Investment Trust PLC
09 August 2005



Electra Investment Trust Plc ('the Company')


9 August 2005


Electra Investment Trust Plc announces that on 9 August 2005 the Company
purchased for cancellation 1,000,000 ordinary shares of 25p each at a price of
£10.15 per share representing 2.25 % of the issued share capital.

Following this transaction the Company now has 43,507,687 ordinary shares in
issue.







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