Portfolio Update

Brunner Investment Trust PLC
4 October 2004


                     THE BRUNNER INVESTMENT TRUST PLC                  
                                                                              
                 TOP 10 HOLDINGS AS AT 30 SEPTEMBER 2004              
                                                                              

Stock Name                                  Market Value        % 
                                                  £                
                                                                              
Treasury 4.5 7/3/07                           24,963,978    10.22 
BP                                            13,579,290     5.56 
HSBC                                           6,690,493     2.74 
Vodafone                                       6,467,915     2.65 
Royal Bk Scot                                  5,893,070     2.41 
Barclays                                       5,110,912     2.09 
GlaxoSmithKline                                4,488,236     1.84 
BHP Billiton                                   4,029,214     1.65 
Standard Chartered                             3,542,648     1.45 
GUS                                            3,172,500     1.30 
                                                                              
Total Gross Assets                           244,361,750          
                                                                              
                                                                              
                                                                              
Enquiries:                                                        
                                                                              
Kirsten Salt                                                      
Company Secretary                                                 
Tel: [phone]                                                
                                                                              
4 October 2004                                                    
 
 

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