Portfolio Update

Brunner Investment Trust PLC
02 August 2005


                                  THE BRUNNER INVESTMENT TRUST PLC

                                 TOP 10 HOLDINGS AS AT 31 July 2005

Stock Name                                         Market Value             %
                                                        £

4 1/2%Treasury Stock                               25,132,500            9.37
HSBC                                                8,955,721            3.34
BP                                                  8,845,030            3.30
Glaxosmithkline                                     8,623,725            3.22
BHP Billiton                                        5,586,506            2.08
Royal Bank of Scotland                              5,539,998            2.07
BG Group                                            5,399,635            2.01
Barclays                                            5,373,690            2.00
Royal Dutch Shell                                   5,333,402            1.99
Standard Chartered                                  4,143,983            1.55

Total Gross Assets                                268,099,871


Enquiries:

Kirsten Salt
Company Secretary
Tel: [phone]

2 August 2005



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