Director Shareholding

Brunner Investment Trust PLC
17 December 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


1)  Name of company

The Brunner Investment Trust PLC

2)  Name of director

W R Worsley

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a non-

    beneficial interest or in the case of an individual holder if it is a

    holding of that person's spouse or children under the age of 18 or in

    respect of a non-beneficial interest

Non-beneficial interest of director in 2 above

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them (if notified)

-

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

As 2 above

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

Reduction in non-beneficial interest on the sale of shares from a trust of which
the director is a trustee.

7)  Number of shares/amount of
    stock acquired

-

8)  Percentage of issued class

-

9)  Number of shares/amount
    of stock disposed

2,500


10) Percentage of issued class

0.005%


11) Class of security

Ordinary 25p shares

12) Price per share

283p

13) Date of transaction

17 December 2004

14) Date company informed

17 December 2004


15) Total holding following this notification

Beneficial 110,000              Non-beneficial 494,900

16) Total percentage holding of issued class following this notification

Beneficial 0.21%                Non-beneficial 0.94%

If a director has been granted options by the company please complete the
following boxes

17) Date of grant

-

18) Period during which or date on which exercisable

-

19) Total amount paid (if any) for grant of the option

-

20) Description of shares or debentures involved: class, number

-

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

-

22) Total number of shares or debentures over which options held
    following this notification

-

23) Any additional information


-
24) Name of contact and telephone number for queries


Kirsten Salt            020 7065 1513


25) Name and signature of authorised company official responsible for
    making this notification


Kirsten Salt


    Date of Notification 17 December 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange