Portfolio Update

Brunner Investment Trust PLC
01 September 2005


                                  THE BRUNNER INVESTMENT TRUST PLC

                                TOP 10 HOLDINGS AS AT 31 August 2005

Stock Name                                                              Market Value               %
                                                                               £

4 1/2%Treasury Stock                                                      25,150,000            9.45
BP                                                                        10,374,741            3.90
HSBC                                                                       9,455,802            3.55
Glaxosmithkline                                                            9,383,956            3.52
BG Group                                                                   6,239,255            2.34
Royal Dutch Shell                                                          6,056,119            2.27
Barclays                                                                   5,812,427            2.18
Vodafone                                                                   4,248,037            1.60
Royal Bank of Scotland                                                     3,834,874            1.44
Sage Group                                                                 3,729,577            1.40

Total Gross Assets                                                       266,217,184




Enquiries:

Kirsten Salt
Company Secretary
Tel: [phone]

1 September 2005





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