Geographical Distribution

Brunner Investment Trust PLC
8 September 2004

                                 THE BRUNNER INVESTMENT TRUST PLC
                          Geographical Distribution as at 31 August 2004


                                                           VALUE                                  %



CASH                                                       46,527,557                         19.69

UNITED KINGDOM                                            106,205,767                         44.96

NORTH AMERICA                                              43,762,896                         18.53

EUROPE                                                     19,739,740                          8.35

PACIFIC EX JAPAN                                            9,090,500                          3.85

ASIA                                                       10,102,908                          4.28

LATIN AMERICA                                                       0                          0.00

Other Intl                                                    800,240                          0.34

Total Assets less Current Liabilities                     236,229,608                        100.00

Europe
   Austria                                                    904,720                         0.38%
   Belgium                                                    749,351                         0.32%
   Denmark                                                    786,018                         0.33%
   Finland                                                                                    0.00%
   France                                                   3,278,109                         1.39%
   Germany                                                  6,022,522                         2.55%
   Greece                                                   1,337,479                         0.56%
   Italy                                                    2,092,732                         0.88%
   Netherlands                                              1,028,907                         0.44%
   Norway                                                                                     0.00%
   Portugal                                                                                   0.00%
   Russia                                                     674,527                         0.29%
   Spain                                                      686,816                         0.29%
   Sweden                                                                                     0.00%
   Switzerland                                              2,178,560                         0.92%
                                                           19,739,740                         8.35%



Other Pacific
   Australia                                                2,287,480                         0.97%
   China                                                                                      0.00%
   Hong Kong                                                2,987,904                         1.26%
   Korea                                                    3,101,641                         1.31%
   Malaysia - incl Govett Asian Smlr                                                          0.00%
   New Zealand                                                713,475                         0.30%
   Singapore                                                                                  0.00%
   Taiwan                                                                                     0.00%
                                                            9,090,500                         3.84%

Latin America

Latin America -  Brazil                                             0                         0.00%
                                                                    0                         0.00%


United Kingdom
UK total per valuation                                    131,025,767                        55.47%
Less Fixed Interest                                       -24,820,000                       -10.51%

                                                          106,205,767                        44.96%

North America
USA                                                        41,632,387                        17.63%
Canada                                                      2,130,510                         0.90%
Mexico                                                                                        0.00%

                                                           43,762,896                        18.53%

Asia
Japan                                                      10,102,908                         4.28%
India - DRCM India Fund                                             0                         0.00%
                                                           10,102,908                         4.28%

Other Int'l
Other Int'l                                                   800,240                         0.34%
                                                              800,240                         0.34%
TOTAL                                                     189,702,051

Enquiries:

Kirsten Salt

Company Secretary

Tel:  [phone]


8 September 2004


                      This information is provided by RNS
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