Transaction in Own Shares

Bankers Investment Trust PLC
17 August 2004


HENDERSON GLOBAL INVESTORS

THE BANKERS INVESTMENT TRUST PLC

17 AUGUST 2004


                        THE BANKERS INVESTMENT TRUST PLC

                    Market Purchase of Company's Own Shares

Notification is given that pursuant to the authority granted at the Annual
General Meeting of the Company held on 20 February 2004 to make market purchases
of the Company's own shares of 25p, a market purchase of 50,000 ordinary shares
of 25p each in the capital of the Company was made today at a price of 237.125p
per share.

The total number of shares in issue is now 125,455,922.

                                     -ENDS-


For further information please contact:

Alex Crooke

The Bankers Investment Trust PLC

Telephone: [phone]

Stephen Westwood

Head of Investment Trusts, Henderson Global Investors

Telephone: [phone]


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