Top 10 Holdings

Brunner Investment Trust PLC
05 March 2004

                                  THE BRUNNER INVESTMENT TRUST PLC

                               TOP 10 HOLDINGS AS AT 27 FEBRUARY 2004

Stock Name                                    Market Value               %
                                                    £

Treasury 5 7/6/04                               25,355,055           10.38
Vodafone Grp                                     9,389,677            3.85
HSBC Hldgs                                       8,981,614            3.68
BP Plc                                           8,458,415            3.46
Royal Bk Scot                                    6,625,834            2.71
Barclays                                         4,993,379            2.05
GlaxoSmithKline                                  4,804,001            1.97
AstraZeneca                                      3,414,193            1.40
HBOS                                             3,156,366            1.29
Diageo                                           3,000,860            1.23


Total Assets Less Current Liabilities          244,173,237

Enquiries:

Kirsten Salt
Company Secretary
Tel: [phone]

5 March 2004


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