Transaction in Own Shares

Bankers Investment Trust PLC
30 September 2004




THE BANKERS INVESTMENT TRUST PLC

HENDERSON GLOBAL INVESTORS

30 SEPTEMBER 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 46,952 ordinary shares
in the capital of the Company was made today at a price of 257.574p per share.


Following this purchase and cancellation there are 125,188,970 shares in issue.

                                     -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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