Requisition

Bankers Investment Trust PLC
5 December 2000

Bankers Investment Trust plc (the 'Company')

The Company announces that it has received a requisition on behalf of ST
Partners L.P. requiring the Company to put a resolution to shareholders at its
forthcoming annual general meeting. This resolution is for the Company to put
proposals to shareholders for a tender offer to repurchase up to 70 per cent.
of the Company's shares at a price equal to 98 per cent. of the net asset
value per share.


The Board will be writing to shareholders with its views on the resolution
shortly.


Enquiries:


Stephen Westwood               020 7477 5517

Henderson Investors


Angus Gordon Lennox          020 7588 2828

Cazenove & Co.


Alex Child-Villiers          020 7269 7107

Financial Dynamics