Director Shareholding-Replcmt

Witan Investment Trust PLC
26 April 2005


   The following announcement replaces the Director Shareholding announcement
 released today at 14.22 under RNS No 5416L.  The name of the Trust should have
    read Witan Investment Trust plc and not TR Property Investment Trust plc

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1. Name of company

WITAN INVESTMENT TRUST PLC


2. Name of director

R W C COLVILL


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

NON-BENEFICIAL INTEREST OF R W C COLVILL - A FAMILY TRUST OF WHICH MR COLVILL IS
A TRUSTEE - REINVESTMENT OF INCOME

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

NOT STATED


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 AND 3 ABOVE


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

REINVESTMENT OF INCOME



7. Number of shares / amount of stock acquired

124


8. Percentage of issued class

INSIGNIFICANT


9. Number of shares/amount of stock disposed

-


10. Percentage of issued class

-


11. Class of security

ORDINARY 25P SHARES


12. Price per share

341P


13. Date of transaction

25 APRIL 2005


14. Date company informed

26 APRIL 2005


15. Total holding following this notification

44,095 (15,228 BENEFICIAL AND 28,867 NON-BENEFICIAL)


16. Total percentage holding of issued class following this notification

0.014%


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

G S RICE - 020 7818 4469


25. Name and signature of authorised company official responsible for making
this notification

G S RICE
FOR AND ON BEHALF OF HENDERSON SECRETARIAL SERVICES LIMITED


Date of Notification

26 APRIL 2005

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


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