Transaction in Own Shares

Liontrust Asset Management PLC

25 January 2007

Transaction In Own Shares

Liontrust Asset Management PLC ("the Company") announces that on 24 January
2007 it purchased 192,342 ordinary shares at an average price of 380.48 pence
per share. The purchased shares will all be cancelled.

Following the above purchase the total number of ordinary shares with voting
rights in issue is 33,763,294. None of these ordinary shares is held in
Treasury.

The above figure of 33,763,294 shares may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
Company under the FSA's Disclosure and Transparency Rules.

Enquiries:

Vinay Abrol

Tel: [phone]

Liontrust Asset Management PLC