Total Voting Rights

Manchester & London Investment Trust PLC                    

                              Total Voting Rights                              

1 July 2009

In accordance with the FSA's Disclosure and Transparency Rules, Manchester &
London Investment Trust PLC ("the Company") notifies the market of the
following:

As at the close of business on 30 June 2009, the Company's issued share capital
consisted of 17,430,842 ordinary shares with a nominal value of 25p each
('Ordinary Shares'), with voting rights. The Company does not hold any Ordinary
Shares in Treasury.

Therefore, the total number of Ordinary Shares with voting rights is
17,430,842.

The above figure of 17,430,842 Ordinary Shares may be used by shareholders in
the Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change in
their interest in, the share capital of the Company under the FSA's Disclosure
and Transparency Rules.

Enquiries:

Midas Investment Management PLC, Investment Manager

Mark Sheppard, Chief Investment Officer Tel: [phone]

Fairfax I.S. PLC, Sponsor and financial adviser

David Floyd Tel: [phone]